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BYD plans to set up an auto parts company in Xi'an for 1 billion yuan

BYD plans to set up an auto parts company in Xi'an for 1 billion yuan

Jiwei network news, on January 28, according to Tianyan, Xi'an BYD Auto Parts Co., Ltd. was established, the legal representative is Luo Zhongliang, the registered capital of 1 billion yuan, the business scope includes auto parts and accessories manufacturing; auto parts research and development; auto parts retail; auto parts wholesale; motor manufacturing; gear and gear reduction, gearbox manufacturing; power transmission and distribution and control equipment manufacturing; casting machinery manufacturing; lighting equipment manufacturing; intelligent vehicle equipment manufacturing, etc.

BYD plans to set up an auto parts company in Xi'an for 1 billion yuan

In addition, Xi'an BYD Auto Parts Co., Ltd. is wholly owned by Changsha BYD Automobile Co., Ltd.

BYD plans to set up an auto parts company in Xi'an for 1 billion yuan

It is worth noting that earlier, BYD and Momenta held a joint venture company unveiling ceremony in Shenzhen, and officially announced the establishment of "Shenzhen Dipai Zhixing Technology Co., Ltd." It officially kicked off for the two sides to work together to integrate and develop high-level intelligent driving technology in the field of intelligent driving for a long time. BYD said that "Dipai Zhixing" will rely on BYD's deep intelligent technology accumulation and deep vertical integration capabilities, as well as Momenta's years of intelligent driving technology accumulation, overcome related technical difficulties, and strive to create high-level intelligent driving solutions for the future.

In addition, on January 12 this year, the third-generation pure electric driverless delivery vehicle jointly developed and designed by BYD and the American science and technology innovation company Nuro was officially released. The project, which was officially launched in August 2019 and is scheduled to go into mass production in early 2023, will provide smarter and greener delivery services for local consumers.

According to public information, BYD will sell nearly 600,000 new energy passenger cars in 2021. Among them, the cumulative sales of pure electric passenger cars exceeded 320,000 units throughout the year, and the cumulative sales of plug-in and mixed passenger cars exceeded 270,000 units throughout the year. It is worth mentioning that the annual sales volume of Han models in 2021 reached 117665, becoming the first Medium and Large Cars of Chinese Brands with annual sales of more than 100,000, successfully filling the gap of hot-selling models of Chinese brands in the field of medium and large cars.

(Proofreading/Andy)

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