The companies will work together to develop BYD batteries that can achieve the same lifespan as two-wheeler bodies, TAILG said.
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Category: FinDreams
BYD's battery making unit FinDreams will be Tesla's new supplier of energy storage cells outside of CATL, securing more than 20 percent of orders for the Megapack product line, according to local media.
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Mercedes-Benz will use batteries from BYD's battery arm FinDreams in a hybrid version of its GLC SUV, according to a regulatory filing.
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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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BYD has been renovating its battery pack production lines in Anhui province and will supply smaller a battery pack for a version of Onvo's new EV, according to Reuters.
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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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FinDreams said it will offer safer, more reliable batteries for electric two-wheelers, after a recent deadly accident revived concerns about the safety of electric two-wheeler batteries.
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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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