BYD’s Ambitious Project: A Massive Factory City for 100,000 Workers Under Construction in China

BYD’s Ambitious Project: A Massive Factory City for 100,000 Workers Under Construction in China

BYD has surpassed Tesla in economic performance for 2024, achieving over $100 billion in revenue. The company is developing a massive factory-city in Zhengzhou, aiming to employ 100,000 workers and provide housing and educational facilities. This transformation from a smartphone hub to an electric vehicle center is underway, with significant recruitment efforts ongoing. Ambitious plans […]

The images of a huge Chinese factory city are relayed online, constructions that would be carried out on behalf of the company BYD, specialized in electric vehicles. There are large buildings housing production chains, but also housing and other leisure facilities. If the area of these facilities is difficult to attest, the Chinese city Zhengzhou is indeed turning into the Chinese capital of the electric car. - VERIF' - Is a giant factory city o…

The Chinese electric vehicle (EV) market is booming, and BYD is imposing itself as an undisputed leader. With a complete range, competitive prices and state-of-the-art technology, BYD ticks all the boxes: design, autonomy, fast charging and financial accessibility. However, despite these impressive assets, Tesla maintains strong arguments that could allow it to stay in the market.