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BYD officially announced that Xiangyang will invest tens of billions to build a new energy industry base

BYD officially announced that Xiangyang will invest tens of billions to build a new energy industry base

Tramway news: According to the official news of Xiangyang Municipal People's Government, on January 24, Ying Yong, secretary of the Hubei Provincial Party Committee, Wang Zhonglin, deputy secretary of the provincial party committee and governor of the province, and Wang Chuanfu, chairman of BYD, and his party held a discussion, and witnessed the signing of a strategic cooperation framework agreement between Xiangyang City and BYD Co., Ltd.

Xiangyang BYD Industrial Park will be an important new energy vehicle industry chain project under BYD, and will build five major projects, including a new energy vehicle factory, an auto parts factory, a power battery factory, a power battery parts factory, and a zero-carbon park. The project will be built in three phases, with a total investment of 10 billion yuan in the first phase and an estimated total investment of more than 18 billion yuan in the third phase.

According to previous news, BYD's project in Xiangyang includes at least 300,000 vehicles manufactured and 30GWh blade battery production capacity.

BYD officially announced that Xiangyang will invest tens of billions to build a new energy industry base

BYD's vehicle production capacity layout, pictured from the snowball users are happy and comfortable

From the perspective of BYD's already laid out production capacity, the vehicle production capacity will reach 3.9 million units by 2023.

In addition to the vehicle production capacity, BYD also laid out a large number of power battery production capacity, according to public statistics, at present BYD has Qinghai Xining (24GWh), Huizhou (2GWh), Shenzhen Pingshan (14GWh), Chongqing Bishan (45GWh), Xi'an (50GWh), Changsha Ningxiang (20GWh), Guiyang Guiyang (20GWh), Anhui Bengbu (20GWh), Anhui Wuwei (40GWh), Shandong Jinan (30GWh), Anhui Chuzhou (20GWh), Yancheng Sheyang (30GWh), Jiangxi Fuzhou (15GWh), Zhejiang Shaoxing (30GWh), Hubei Xiangyang (30GWh to be determined) and other production bases, the total production capacity has reached nearly 400GWh, in addition to the joint venture with Chang'an to build 10GWh, as well as faw's in-transit production base with FAW.

BYD officially announced that Xiangyang will invest tens of billions to build a new energy industry base

This time BYD landed in Xiangyang, and the first and second leaders of Hubei Province personally came forward to witness it, which is enough to see the importance attached to the project. In the news exposed by the official media in Hubei Province, Ying Yong expressed to Wang Chuanfu that he hoped that BYD would give full play to the advantages of industry leaders, further increase its investment layout in Hubei, and expand and deepen cooperation with Hubei in the fields of intelligent networked vehicles and new energy vehicles. We will continue to create a market-oriented, rule-of-law, and international business environment, and be a good "shop small two" that responds to everything and does not disturb anything, so as to provide better services and create a better environment for all kinds of enterprises, including BYD, to develop in Hubei.

Wang Chuanfu responded that in just two years, Hubei has overcome many difficulties and made a strong return to economic development, and BYD has more firm confidence in investing in Hubei and deeply cultivating Hubei. Xiangyang is a sub-central city in Hubei Province, the automotive industry chain is complete, BYD will seize the opportunity of this round of automotive industry supply chain reshaping, deepen strategic cooperation with Hubei, accelerate the construction of Xiangyang BYD Industrial Park project, innovate technologies and products, lengthen the industrial chain, help Hubei build a national new energy and intelligent networked automobile industry base, and make new contributions to Hubei's economic and social development.

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