Shanghai (Gasgoo)- According to BYD’s latest investor relations activity log, the company’s total power battery production capacity will reach 16 gigawatt-hours (GWh) by the end of this year. Its lithium-iron phosphate (LFP) battery production will be up to 10 GWh while the rest is NMC/NCA battery.
Besides, the log also revealed that the company will expand a battery factory in Qinghai province, whose annual NMC/NCA production capacity can reach 10 GWh.
According to BYD, the battery of all newly-launched plug-in hybrid electric vehicles (PHEV) is NMC/NCA battery and all passenger vehicles will start to use NMC/NCA battery in 2018. But buses and E6 will continue to use LFP for the moment.
The log says that BYD will introduce many new models, including new-gen Dang, new-gen Qin and the new energy version of Song Max, which will be launched in succession from the second quarter of next year.
All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: email@example.com.
Anytime and anywhere to know the dynamics of China's auto industry