BYD new energy power battery Xuzhou base laid the foundation: a total investment of 10 billion yuan, will build blade battery production line

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com news on January 5, according to the "Xuzhou release" official account news, Xuzhou held on January 4, 2023 city-wide major industrial projects concentrated construction and BYD new energy power battery production base in Xuzhou foundation laying activities.

The Xuzhou production base of BYD new energy power battery, which laid the foundation, is located in Xuzhou Economic and technological Development Zone, with a total investment of 10 billion yuan.

Among them, the first phase investment of 5 billion yuan (equipment investment of not less than 3 billion yuan), land of about 706mu, including clean, assembly, batching, dust-free, constant temperature, drying and other workshops, the construction of blade battery production line, some production lines are planned to be put into operation in December 2023.

CTOnews.com learned that data show that BYD sold 1868543 cars in 2022, up 152.5 per cent from a year earlier. Sales in December were 235197, an increase of 137.3% over the same period last year, of which 11320 passenger cars were exported.