Shenzhen, CHINA – A massive erupted on Tuesday morning, April 14, 2026, at a parking garage within an industrial park owned by electric vehicle giant BYD in Shenzhen, China.
Okay News gathered that the blaze affected a multi-story building used to house “test and scrapped vehicles.” Verified social media footage showed thick black smoke billowing into the sky as flames spread across a large section of the structure. Local fire and rescue departments, along with police, were deployed to the scene and successfully extinguished the fire.
In a statement following the incident, BYD confirmed that no casualties were reported. While the cause of the fire is still under investigation, experts noted that electric vehicle fires can be particularly challenging to manage, as battery-related blazes often last longer and have a tendency to reignite compared to traditional engine fires.
The incident caused a slight ripple in the markets, with BYD shares dipping 0.6% shortly after the news broke. The company’s global headquarters is located in the same Pingshan district where the fire occurred.
