Industry dynamics

Fire hits BYD's plant said to produce mainly phone and computer accessories

Publishtime:1970-01-01 08:00:00 Views:13

The BYD production site that caught fire was mainly used for the electronics business. No one was killed or injured in the accident.

(Image from Weibo)

BYD's factory in Huizhou is located in Daya Bay Development Zone and was built in 2007. The production base covers a total area of about 1.7 million square meters and employs about 45,000 people.

The production base has three phases, all of which have been completed and put into operation, and the business involves metal processing, auto parts manufacturing and electronic product parts manufacturing.

The production base is mainly used for its electronics business, where the first phase of the main business includes a precision metal products factory, responsible for CNC, metal processing, according to local media The Economic Observer.

The second phase of the site is mainly used for auto parts production, including gearboxes, shock absorbers and connecting rods. Its Phase III project is mainly responsible for cell phone display gateway, cell phone back shell, cell phone accessories and computer parts manufacturing, according to the report.

The local government bulletin said the building on fire was BYD's Phase III F6 plant.

BYD's revenue in the third quarter was RMB117.1 billion, of which the electronics business contributed RMB 27.5 billion, or 23 percent.

BYD sold 217,816 new energy vehicles (NEVs) worldwide in October, the second consecutive month in which it exceeded 200,000 units. The company stopped production and sales of vehicles powered entirely by internal combustion engines in March.

On November 16, BYD saw its 3 millionth NEV roll off the assembly line, becoming the first Chinese automaker to reach that milestone.