BYD plans to invest 3 billion to build a new energy vehicle key parts project in Dongguan

According to the Project Investment Benefit Agreement, BYD plans to invest no less than 3.046 billion yuan in the land it has won, mainly for the research and development and production of key components for new energy vehicles, such as engines (including boxes), electric drives, electronic fuel injection, controllers, etc. The project development and construction period is set at 3 years, and construction must start before January 22, 2026, and be completed before January 22, 2029.