Chinese industrial giant BYD will build its first factory in Brazil in the city of Campinas, near Sao Paulo.
The factory is slated to open in 2015 and will launch the manufacturing and assembly of the world's only long-range pure electric transit bus in South America as well the first fire-safe and recyclable iron-phosphate battery packs, creating some 450 new jobs in the process.
In addition to the two manufacturing facilities, which cover a combined 52,000 square meters, BYD also plans to open a research and development center for its photovoltaic, smart-grid and LED lighting businesses in the second phase of the site's development.
"BYD chose Campinas because of this city's spirit of innovation and their goal of building a cleaner society," said Wang Chuanfu, BYD's founder and chairman. "Along with the buses and batteries, our dream is to build solar panels and energy storage systems here to help the region achieve their zero emissions goals."
BYD Brazil General Manager Tyler Li added, "In the first year of operation, starting in 2015, the plant will have a maximum production capacity of 1,000 electric buses as well as all of their batteries. This is the first stage of manufacturing expansion."
Campinas Mayor Jonas Donizette said BYD fitted well in the city's quest to attract investments, pointing out that it "produces goods and technologies related to the use of renewable energies, and also operates in key segments for the future of cities with sustainable urban mobility plans."
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.