New Energy Auto Parts Project of BYD Signed and Settled in Wuwei City

On September 30th, Shan Qiangqian, secretary of the CPC Wuhu municipal committee, and Ning Bo, deputy secretary of the CPC Wuhu municipal committee and mayor, held a meeting with Wang Chuanfang, vice president of BYD Co., Ltd., and witnessed the signing of the cooperation agreement between Wuwei municipal government and BYD on the new energy auto parts project. Municipal officials Zhang Dong, Hou Mingwen, Cai Yi and Wu Ruixin attended the meeting.

Shan Xiangqian said that as a leading enterprise in the new energy vehicles (NEVs) industry, BYD has a complete industrial chain and strong R&D and production capacity and is an important partner for Wuhu to develop new energy and intelligent networked vehicle industries. We will fully support BYD’s investment in industries and projects in Wuhu, provide high-quality development environment for the enterprise with efficient services. It is hoped that BYD and Wuhu will work together to promote the high-quality development of the new energy industry, creating a model of cooperation between the city and the enterprise.

Ning Bo said that BYD’s NEVs project is of great significance to the industrial development and urban construction of both Wuwei and Wuhu. We will make all-out efforts to improve the project services, ensure the flow of resources, and do everything necessary for the rapid advancement and early production of the project.

Wang Chuanfang said that Wuhu has unique geographical advantages and sound industrial environment, and is an ideal city for enterprises to achieve their development goals. BYD will focus on the ecological construction of the new energy industry, strengthen the flow of resources into Wuhu, promote complementary advantages of the industry, and strive to achieve mutually beneficial and win-win development.

It is learned that BYD plans to invest in the construction of a new energy passenger car parts and battery parts production base in Wuwei City, with a total investment of about 8 billion yuan. It is planned to start construction in October 2022 and is expected to be put into production in June 2023.

Translated by Wang Mengxiao from Foreign Affairs Office of Wuhu Municipal People’s Government