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22 Mar
08:13

BYD to spend $3.5 billion in Shenzhen production park

Chinese automaker BYD is planning a CNY 25 billion ($3.5 billion) investment in its new energy vehicle production centre in Shenzhen, Kallanish learns from China’s Ministry of Industry and Information Technology. According to the ministry, the company has received approval for changes in its existing facility, which will no longer produce vehicle products. The NEV production factory location will move from Pingshan New District Shenzhen City to Honghai Avenu…
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