The commencement ceremony of BYD (Jiangsu) Smart Manufacturing Industry Base and Cloud Rail Test Section was held on Nov 7 in Huai’an Industrial Park. Yao Xiaodong, secretary of Huai’an municipal Party committee, and Wang Chuanfu, chairman of BYD Group, attended the ceremony.
Yao Xiaodong said that it took only three months from contract signing to project commencement. This mirrors the efficiency of BYD and Huai’an Industrial Park. The official commencement of the project marks a steady and successful step forward in the course of cooperation between Huai’an Industrial Park and BYD. He hoped that Huai’an Industrial Park always adheres to the “101%” service philosophy and enhances cooperation with BYD in an all-round manner.
BYD (Jiangsu) Smart Manufacturing Industry Base, with a total investment of 2 billion yuan (301.45 million US dollars), covers a total area of more than 1,100 mu (around 0.73 sq km) and is dedicated to track beam, cloud-rail vehicles and key components production. It is expected to achieve the design capacity in the third quarter of 2018, when its annual output value is expected to reach 10 billion yuan.
BYD Sky Rail Test Section has a total length of 6.8 km. Upon its opening to traffic, the section will create a new environment for development along the line.