China EV maker BYD to build $290 million battery component plant in Chile

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China EV maker BYD to build $290 million battery component plant in Chile
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HONG KONG : China's BYD Co Ltd, the world's largest electric vehicle (EV) maker, plans to build a $290 million lithium cathode factory in Chile's northern Antofagasta region, said Chilean economic development agency CORFO.The South American country's government has named BYD Chile a qualified lithium prod

HONG KONG : China's BYD Co Ltd, the world's largest electric vehicle maker, plans to build a $290 million lithium cathode factory in Chile's northern Antofagasta region, said Chilean economic development agency CORFO.

BYD, which supplies electric buses for Chile's public transportation system, did not immediately respond to requests for comment on Friday.

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