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BYD will supply batteries to Tesla

Push EVs

It’s no longer a rumor, BYD will supply batteries to Tesla. Lian Yubo, BYD‘s executive vice president confirmed the deal in an interview to the Chinese TV channel CGTN. We are good friends with Elon Musk, and we will soon supply him with batteries. We are friends. PushEVs.

BYD 98
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impact of chinese semiconductor manufacturers over business

Baua Electric

Chinese semiconductor manufacturers have a significant impact on various aspects of the global business landscape. This dependence can be a vulnerability for businesses if there are disruptions in the supply chain, such as trade tensions, geopolitical issues, or natural disasters affecting production facilities.

Chinese 52
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Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. The Japanese automaker’s global sales are down 0.9% The Japanese automaker’s global sales are down 0.9% The Chinese EV maker is now No. from June 2023.

BYD 52
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LCA finds EMN high-purity manganese products have lower carbon footprint than incumbent industry

Green Car Congress

GWP processing routes using both grid-mix electricity and renewable electricity were evaluated in-line with LCA best-practice and Global Battery Alliance requirements for the battery passport. This further supports the move to high-manganese cathode chemistries, with manganese being the most affordable and green battery metal.

Carbon 243
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BYD would still have the cheapest EV in the US, even with a 100% tariff

Baua Electric

However, BYD has been building its supply chain for much longer. Its affordable electric and hybrid models are squeezing gas-powered vehicles out of China’s auto market, especially from foreign automakers. 2024 (Source: BYD) Chinese automakers, like BYD, have an advantage with established supply chains, enabling lower prices.

BYD 52
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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

However, even lower-cost chemistries such as LFP—which is particularly exposed to lithium carbonate prices—have felt the bite of rising costs throughout the supply chain. Since September, Chinese producers have raised LFP prices by between 10-20%. This will help to ease lithium prices.

Price 469
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BYD’s strategy to take over Europe [Feature]

Teslarati

BYD and other Chinese automakers have studied the European auto market for years. The publication also shared details about how other Chinese automakers are entering the European market and their plans to beat top-selling brands like Tesla and Volkswagen in the EU’s local electric vehicle (EVs) market.

Europe 112