China's technology conglomerate and electric vehicle manufacturer BYD plans to build a new battery factory in the country. The facility in question will be located in Xianju county, southeast of Zhejiang province, on the East China Sea coast, as seen in the cooperation agreement drawn up for its establishment. The factory, which will be spread over an area of one million square kilometers, will have an annual production capacity of 22 gigawatt-hours (GWh). The “blade” (pal-bladed) batteries to be produced at this facility will primarily be used in BYD's DM-i models. The DM-i model essentially stands for hybrid technology based...