BYD Invests $5 million in New Warehouse Facility

| September 27, 2018

BYD manufacturing facility in Lancaster

Battery and Electric Vehicle Pioneer BYD (Build Your Dreams) announced the completion of its latest U.S. investment, a new $5 million 100,000-square-foot warehouse for its Lancaster manufacturing plant.  

This is the firm’s fourth expansion of its current manufacturing campus in Los Angeles County, bringing its total investment in Lancaster facilities to more than $53 million.

“BYD’s latest investment to boost efficiency and production, in order to meet increasingly high demand for its vehicles, is just one example of what the company has done and continues to do for our local, regional and national economies,” said City of Lancaster Mayor R. Rex Parris.  “BYD’s strong sense of corporate citizenship and continued investment has resulted in a better quality of life for those living in Lancaster as well as the surrounding areas.”

The new warehouse provides additional space and ability to further streamline the handling of materials and supplies. It also frees up space on BYD’s adjacent massive 450,000- square-foot manufacturing plant floor, allowing for greater production and operational efficiencies.

“We have the capacity to produce up to 1,500 battery-electric buses a year, which will go a long way toward creating a cleaner climate and a quieter, more efficient way to travel,” said Bobby Hill, Vice President of BYD North America, Coach and Bus.  BYD has delivered more than 270 buses in North America with an additional 80+ buses in current production, and 300 bus orders with options that could double that number.

Since it first opened in 2013, the Lancaster manufacturing plant has grown from 106,000-square-feet and a workforce of a few dozen to a facility that now covers more than a half million square feet and employs more than 820 workers. The firm is the only electric vehicle manufacturer in the U.S. to have an all-union workforce, and an exceptionally diverse team of employees.

The company has invested in the purchase of an additional 150 acres of land near its Lancaster manufacturing plant; and is planning service/maintenance centers across the U.S.

BYD has invested more than $250 million in the region to date, including some $53 million in the Lancaster facilities to date. The firm’s battery-electric, zero-emission buses not only meet but also exceed all current and future stated FTA “Buy America” requirements, incorporating 70%+ U.S. content. BYD is projected to spend over $50 million this year with U.S. vendors

 

Category: General Update, News

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