According to the Zhijiang Municipal People's Government, recently, construction of BYD's new energy industry project at the Yaojiagang Chemical Park is in full swing. The project was implemented by Yichang BYD Battery Co., Ltd., with a total investment of 372 million yuan, covering an area of about 80 acres, mainly to build a production line with an annual output of 120,000 tons of electrolyte and new energy materials. After the entire project is completed and put into operation, it is expected to achieve an annual output value of 1.5 billion yuan.

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