Overview
- The company said the fire, which broke out early Tuesday at its Pingshan, Shenzhen complex, was confined to a multi‑level parking area holding test units and cars slated for dismantling.
- Firefighters battled the flames for hours in a response typical of lithium‑ion battery fires that can reignite, and officials reported no injuries.
- BYD stated that sales stock was not affected and that production and commercial operations continue as normal.
- Local authorities opened an investigation into the cause, and no official vehicle loss totals or findings have been released.
- Shares slipped modestly after the incident, with reported declines of about 0.6% in Singapore and 0.9% in Hong Kong.