China's BYD says fire broke out at parking garage in Shenzhen, no casualties

Electric vehicle maker BYD said a fire broke out at a parking garage in a Shenzhen industrial park on Tuesday morning.



The garage was a parking area for "test and scrapped vehicles" and the fire had been extinguished, the carmaker said in a statement on Tuesday.



No casualties were reported, the company added.



BYD shares were down 0.6% at 0208 GMT.



A local fire and rescue department reported the fire incident earlier.



The electric vehicle firm's global headquarters are in the Pingshan district in the southern Chinese city of Shenzhen.



A large fire sent thick black smoke billowing into the sky, as flames stretched across a long section of a multi-storey building, with fire trucks and police deployed to the scene, user-generated videos reviewed and verified by Reuters showed.