BYD Zhengzhou Megafactory Expansion

under construction

BYD's megafactory in Zhengzhou, China, which began construction in late 2021 and started production in 2023, has more than doubled in size since mid-2023. The expansion includes a 15,300-square-meter racing circuit with a 70-meter wading pool designed for the Yangwang U8 SUV. The company received conditional environmental approval for several construction projects, including the expansion of its battery production line and the construction of a new battery protection plate production line with an estimated cost of $16 million. The megafactory spans approximately 22.5 square kilometers and plans to expand production capacity to 1.8 million vehicles per year.