Core Viewpoint - The establishment of the Taizhou Fudi New Energy Power Battery project represents a significant investment in the new energy vehicle battery sector, highlighting the strategic focus of BYD Group on lithium iron phosphate blade battery production [1] Group 1: Project Overview - The Taizhou Fudi New Energy Power Battery project covers a total area of 1,500 acres and plans to invest 8.8 billion yuan, with 8 billion yuan allocated for fixed asset investment [1] - The project aims to achieve an annual production capacity of 22 GWh of new energy vehicle power batteries upon reaching full production [1] Group 2: Industry Impact - This project is one of the largest single manufacturing investments in recent years in Taizhou, which is expected to enhance the development level of the local automotive industry chain [1] - The establishment of this strategic base is crucial for building a highland for the development of the new energy vehicle industry in Taizhou [1]