GUANGZHOU -- The Chinese city of Zhengzhou, a top global producer of iPhones, is undergoing a seismic industrial shift as BYD and other automakers build an EV supply chain in the area while Apple moves some smartphone manufacturing to India.
A BYD plant in Zhengzhou, the capital of Henan province in central China, was bustling in late October as new cars were loaded onto trailers and shipped off one after another. Employees wearing "new hire" armbands could be seen all over the site.
