The project will further improve manufacturing capacity of BYD’s factory in the southern city of Shenzhen, added the newspaper.

Credits: Getty Images; Author: NurPhoto;

Founded in 1995, the company has established over 30 industrial parks worldwide and has played a significant role in industries related to electronics, automobiles, new energy and rail transit. From energy generation and storage to its applications, BYD is dedicated to providing zero-emission energy solutions.