BYD to build new 20 GWh EV battery plant in Wenzhou

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BYD is building a new lithium-ion battery plant in the eastern Chinese city of Wenzhou, which it aims to start operations in 2024 with an annual capacity of 20 gigawatt-hours (GWh) of batteries, state-owned media outlet Wenzhou Daily reported on Thursday. The Chinese manufacturer sold the equivalent of 43.6 gigawatt-hours (GWh) of batteries in the [……
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