BYD Yinchuan Industrial Park is located in Minning Industrial City, Yongning County, Yinchuan City, Ningxia, with a total investment of about 2 billion yuan and an area of about 1000 mu, of which 500 mu is for phase I. It mainly constructs straddle type monorail, i.e. "cloud rail" and other industrial projects, which fills in the gap of new energy automobile industry in Ningxia. The world’s first BYD cloud rail has been put into operation in Yinchuan in September 2017, and the industrial park has been completed and put into operation in September 2018.