BYD to build phase four of industrial park in southern China, Shenzhen government says

Reuters2024-11-19

BEIJING, Nov 19 (Reuters) - Chinese electric vehicle giant BYD plans to build the fourth phase of its industrial park in southern China's Shenzhen-Shanwei Cooperation Zone, the Shenzhen government said on Tuesday.

The industrial park is projected to generate an annual output value exceeding 200 billion yuan ($27.63 billion) once both the third and fourth phases reach full operational capacity, the government said in a post on its official WeChat account.

($1 = 7.2394 Chinese yuan renminbi)

(Reporting by Ethan Wang, Yukun Zhang and Brenda Goh; Editing by Andrew Heavens)

((Ethan.Wang@thomsonreuters.com;))

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