皇冠体育app

One of Chinese biggest automobile and rechargeable batteries manufacturers plans to build a factory in Brazil, the Wall Street Journal reported.

BYD Co will invest $91 million in its first South American plant in Brazil, the paper said.

According to a Brazilian official, the factory will be located in Campinas in the state of Sao Paulo.

It will produce electric buses, batteries and s and will create 450 jobs.

In January, BYD stated its intentions to build a factory in Brazil with a manufacturing capacity of 4,000 electric buses a year for the Brazilian and South American markets.

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