BYD To Introduce Sodium Batteries In Small BEVs

ToscaWhi/iStock via Getty Images If you are not familiar with BYD (OTCPK:BYDDF) in the electric vehicle revolution, now might be a good time to update. BYD (Build Your Dreams) started life as a battery manufacturer and it retains a leading position in the battery space. It has pioneered its Blade (Lithium Iron Phosphate (LFP) battery over the past 27 years. Tesla (TSLA) has adopted BYD’s “Blade” LFP batteries in its Model Y cars built in the Berlin Gigafactory in Europe. Most Australian Tesla Model 3 and Model Y vehicles manufactured in Shanghai have a CATL LFP battery. LFP batteries don’t contain cobalt, nickel or manganese, which are often cited as deal breakers for lithium batteries. For those who don’t accept that there is enough lithium, check out comments from iron ore magnate Andrew (Twiggy) Forrest on lithium availability. The big “new” news is that BYD plans to incorporate a…

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