BYD plans to build three power battery production bases in Zhejiang

BYD has set up three power battery production bases in Zhejiang Province, namely Shaoxing Shengzhou Base, Taizhou Xianju Base and Wenzhou Yongjia Base. Among them, the Shaoxing Shengzhou Base has a total investment of about 13 billion yuan and covers an area of 1,800 acres. It is expected that the annual output value will exceed 20 billion yuan after full production, becoming the largest single investment and highest output value project in Zhejiang.