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BYD to Expand Shanghai Battery Factory, Rivaling Local Tesla Gigafactory
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BYD to Expand Shanghai Battery Factory, Rivaling Local Tesla Gigafactory

Oct 12, 2022
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BYD to Expand Shanghai Battery Factory, Rivaling Local Tesla Gigafactory
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BYD to Expand Shanghai Battery Factory, Rivaling Local Tesla Gigafactory
(Source: BYD)

According to an official Shanghai government website on October 9, Chinese new energy vehicle and battery giant BYD plans to invest 5 million yuan ($695,778) in an expansion project involving Shanghai BYD Co., Ltd. The eastern Chinese metropolis also hosts one of Tesla’s Gigafactories in its Lingang New Area, Pudong District.

According to a …

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