BYD Auto admits iron battery talks with VW
Shanghai, April 24 (Gasgoo.com) China's BYD Auto admitted today that it would cooperate with Volkswagen (VW) on iron battery supply, reported the Beijing News.
"BYD is willing to cooperate with foreign automakers on iron battery development," BYD sales manager Wang Jianjun told the newspaper.
He confirmed that BYD is in talks with a number of foreign companies on supplying them with battery products.
VW CEO Martin Winterkorn revealed at the Shanghai auto show this week that VW will be cooperating with Chinese carmaker BYD, which will soon be sending workers to VW's headquarters to introduce and demonstrate its technology.
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BYD's Fe lithium-iron battery and F3DM plug-in hybrid car
The Chinese battery specialist and car maker launched F3DM, a plug-in hybrid car, in China late last year. the car is capable of traveling 62 miles on electric power only and the company plans to release two more electric models before the end of 2009.
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