The joint venture is 51 percent owned by BYD's battery unit FinDreams, with local conglomerate Huaihai holding the remaining 49 percent.
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The PA75 project's battery is the first battery swap-enabled pack for FAW's HME battery platform for its Hongqi brand, FAW-FinDreams said.
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"Against the backdrop of increasingly severe global climate change, we must take proactive measures to reduce carbon emissions," FinDreams said.
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FinDreams' cells will be used in BorgWarner's LFP battery packs for commercial vehicles in Europe, the Americas and selected parts of Asia-Pacific.
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FAW-FinDreams has a total planned capacity of 45 GWh, and will be able to provide blade batteries for nearly 600,000 vehicles when fully operational. Its initial production capacity is 15 GWh.
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BYD last month began converting its pouch-type battery cell production lines at two of its factories to produce prismatic batteries, but is still producing pouch cells at a third plant, according to Reuters.
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BYD has held discussions with Sigma Lithium about a possible supply agreement, joint venture or acquisition, an executive at the NEV maker said, according to the Financial Times.
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The export of lithium batteries using air transportation is very rare and difficult, as the product is classified as dangerous goods.
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The sodium battery base is planned to have a total investment of RMB 10 billion and an annual capacity of 30 GWh.
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Audi's models, including the Q6L e-tron that will begin mass production in China next year will be powered by BYD's blade batteries as well as CATL's ternary batteries, according to local media.
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