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BYD Will Becomes World's Largest Power Battery Factory

Author: Source: Datetime: 2018-07-04 11:35:32
BYD (002594) Phase I of the Xining Nanchuan Project was put into operation. After the project is fully put into operation in 2019, the annual production capacity will reach 24GWh, and it will become the world's largest and intelligent leading-edge power battery factory.
BYD Will Becomes World's Largest Power Battery Factory
“BYD has always been regarded as a manufacturer of new energy vehicles. In fact, BYD is the only company in the world that produces both new energy vehicles and power batteries. And BYD itself is a company that started from solar power batteries and energy storage batteries. From 1995 So far, in the battery field, it has more than 24 years of experience in R&D, design, production and application.” On June 28, BYD Qinghai Xining Nanchuan Battery Factory Phase I project was put into production, Vice President of BYD Co., Ltd., battery business group CEO He Long said in an interview with the reporter.
The power battery is the "heart" of electric vehicles and is the key to affecting the mass adoption of electric vehicles. Qinghai Xining Nanchuan Power Battery Factory Project is also known as one of BYD's most important and core initiatives to accelerate the global transition to electric mobility. It is understood that the total investment of the power battery factory is more than 25 billion yuan, the planned production capacity is 24 GWh, and the current phase of 10 GWh is completed. It is expected that all production capacity will be put into production in 2019. By then, Qinghai Xining Nanchuan will become the world. The largest power battery factory.
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