· BYD or nearly 100 million US dollars to build a new energy car factory in Brazil

BYD (002594.SZ, 01011.HK) is accelerating the pace of going global and constantly expanding the territory of new energy vehicles at home and abroad. In addition to the proposed construction of an automaker in Saudi Arabia, the construction of a plant in Brazil is also being implemented.
According to overseas media reports, BYD plans to invest 200 million Brazilian reals (about 91 million US dollars) to invest and build factories in Brazil. This factory will be BYD's first factory in Latin America. The government official of the State of Sao Paulo, Brazil, said on Monday that the BYD plant will be located in Campinas, São Paulo. The BYD Brazil plant will create 450 jobs, electric buses, batteries and solar panels. Electric buses may be in Brazil. And sales in Latin America.
According to reports, this is another new energy vehicle project that BYD has set up overseas after the establishment of iron batteries and electric bus factories in the United States. The Brazilian plant is expected to be commissioned in the second half of this year, which is BYD's largest overseas investment project to date.
The relevant person in charge of BYD Company said in an interview with the reporter of the “First Financial Daily” yesterday that BYD’s plan to build a factory in Brazil is indeed in progress. The specific progress is inconvenient to disclose, and the pace of building new energy bases at home and abroad will accelerate. .
In recent years, with the joint venture brand channels and prices continue to explore, eroding the domestic market atmosphere of independent brands, more and more independent brands have chosen to take the approach of increasing exports, Chery, Geely, Great Wall, BYD, Brilliance, Changan Chinese auto companies such as FAW, SAIC, ZTE, and Dongfeng Motor have all gone out, and the export form has gradually changed from a single vehicle export in the past to a foreign vehicle investment in a vehicle factory.
Among them, Changan Automobile, which has established five overseas factories in Malaysia, Vietnam, Iran, Ukraine and the United States, plans to invest nearly 6 billion yuan in Brazil this year to build a new factory.
Automotive expert Zhang Zhiyong believes that although emerging markets such as Brazil are currently inferior to the Chinese market in terms of automobile production scale, production support and market size, the future development space is large, and its growth rate may exceed the Chinese automobile market. Chinese auto companies will go overseas in advance. There are still many new opportunities. Under the circumstances that the domestic auto market business has not grown substantially at this stage, it is more eager to make an important supplement to the company through business growth in overseas markets.
However, Zhang Zhiyong also said that although there are large opportunities for overseas investment, the risks are larger than the Chinese market. There are many uncertain factors, such as when the market breaks out, investment policies and whether the political situation is stable.
And BYD is accelerating investment in the Middle East, Africa, North America, South America and other places, and constantly expanding the layout of the global layout. Unlike other independent brand car companies, BYD does not invest in traditional car factories overseas, but mainly new energy buses.
The above-mentioned person in charge of BYD said that the electric bus factory will return faster after it is put into production, but it also looks at the situation with the local government. The risk is not very high.
This year, BYD's new energy vehicle sales have also advanced by leaps and bounds. As of May, BYD's new energy bus orders reached 5,000 units, and it is expected to deliver 4,000 units during the year, far exceeding last year's sales.
Related Shanghai plans to set up a new residential charging pile no less than 10% of the parking space
The relevant departments of Shanghai are also preparing the construction plan for the charging piles in the city. It is proposed to introduce the policy that the new residential charging piles will not be less than 10% of the parking spaces in the future, and the newly opened parking lot (library) will strictly enforce this ratio.

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