Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens West window past, South China Daniel Wu's clue delivery! CTOnews.com July 5 news, CTOnews.com learned from BYD official account that on July 4 local time, BYD and the government of the Brazilian state of Bahia jointly announced that the two sides would set up a large-scale production base complex composed of three factories in the city of Camasari, with a total investment of 3 billion reais (about 4.5 billion yuan), which will further promote BYD's globalization.

According to officials, the complex of BYD's production base in Brazil will consist of three factories, one for electric bus and truck chassis, one for new energy passenger vehicles, and one for processing lithium iron phosphate battery materials. Among them, the production line of new energy passenger vehicles covers pure electric and plug-in hybrid models, with a planned annual production capacity of 150000 vehicles. The lithium iron phosphate battery material processing plant will make full use of local port resources to meet the growing demand for new energy products in the global market.

Ms. Li Ke, executive vice president and president of BYD Americas, said: "the construction of a large production base complex in Brazil is an important milestone in BYD's development in the American market. this will help accelerate the popularity of new energy vehicles locally and play a huge role in dealing with global climate change and improving people's quality of life."

The BYD Brazilian production base complex is scheduled to start production in the second half of 2024 and is expected to create more than 5000 local jobs. Mr. Li tie, general manager of BYD Brazil, said: "Enterprises should create value and give back to the society." we will set up a localized production team and carry out a series of training activities to enhance the professional and technical ability of our employees and contribute to the local economic and social development. "

Recently, BYD released KuaiBao for production and sales in June 2023. Data show that BYD sold 253046 new energy vehicles in June 2023, up 88.79 percent from 134036 in the same period last year. Cumulative sales from January to June were 1255637, an increase of 95.78 per cent compared with 641350 in the same period last year.

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