CATL and BYD target 50% battery price cut this year to make EVs affordable – ET Auto
Baua Electric
FEBRUARY 29, 2024
This initiative is expected to bring down the price of its VDA specification lithium iron phosphate battery cells to RMB 0.4 This initiative is expected to bring down the price of its VDA specification lithium iron phosphate battery cells to RMB 0.4 RMB per Wh, significantly lower than previous prices.
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