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BYD’s Megafactory Expansion Threatens Tesla’s EV Dominance

BYD’s Megafactory Expansion Threatens Tesla’s EV Dominance

Author:

Global Cryptocurrency

Published:

2025-11-08 15:35:01

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BTCCSquare news:

BYD is rapidly closing the gap with Tesla in the global electric vehicle race. Satellite imagery reveals the Chinese automaker’s Zhengzhou megafactory has more than doubled in size since mid-2023, now dwarfing Tesla’s largest U.S. facility in Texas. The plant’s production capacity reached 540,000 units in 2024—one car every minute.

The expansion includes a 15,300-square-meter test track featuring a 70-meter wading pool for its luxury Yangwang U8 SUV, which retails at $150,000. BYD recently secured environmental approvals for further construction, including battery production line upgrades, signaling aggressive growth ambitions.

By:

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