China's largest maker of electric cars - BYD Auto Company on December 30 in the southern city of Shenzhen, began construction of its second major battery factory.
The plant is expected to be opened before the end of 2015. BYD said the plant will have an annual output of up to 8 million kWh capacity lithium iron phosphate.
According to the company, the plant's annual production of battery cells for 25,000 vehicles available K9 electric buses or 600,000 vehicles Qin Plug-in hybrid.
BYD existing battery factories in Shenzhen, the annual capacity of one million kilowatts up to 1.6 hours of battery life.
BYD Auto Company partially owned by US billionaire Warren - Warren Buffett all, in the first 11 months of 2014, the company sold 2,432 cars in China electric vehicles and 19,928 vehicles Plug-in hybrid.
The company in California have a K9 bus assembly plant. It also plans the construction of an assembly plant in Brazil, the plant will be an annual output of up to 1,000 electric buses and battery pack.