The world’s largest EV producer, BYD, this week delivered the primary constructing block for its first sodium-ion battery manufacturing facility. BYD is investing $1.4 billion (RMB 10 billion) with a deliberate annual capability of 30 GWh.
You’ve got in all probability heard that BYD simply surpassed Tesla in whole EV quantity, turning into the most important electrical automotive producer on this planet. Nonetheless, BYD can be one of many largest international battery producers.
Though lithium-ion is at the moment the first battery in autos, firms are growing new chemical options to attain decrease costs, longer vary, quicker charging and fewer useful resource use.
BYD’s Blade Battery powers the EVs of different automakers, together with Tesla, Hyundai, Toyota and Ford, to call a number of. The Blade Battery is an LFP battery designed and constructed by BYD’s FinDreams.
FinDreams began constructing BYD’s Blade Battery in 2020. Final June, the unit arrange its personal three way partnership with Huaihai Holding Group to develop into sodium-ion batteries.
The corporate goals to be the most important provider of sodium battery methods on this planet. Huaihai stated it began researching sodium batteries years in the past after seeing its financial worth.
BYD begins development of its first sodium-ion battery manufacturing facility
Sodium-ion batteries provide a less expensive various to lithium, however have a decrease vitality density. The batteries are most helpful in low-cost small automobiles or two-wheelers that do not want the upper vitality density.
FinDreams and Huaihai agreed to construct the primary BYD sodium-ion battery manufacturing facility in Xuzhou in November.
The manufacturing facility is just not the primary collaboration between the businesses. BYD and Huaihai collaborated to construct a Blade battery manufacturing manufacturing facility a 12 months earlier, in November 2022. Development started final January and early manufacturing is scheduled for March.
In 2022, rumors surfaced that BYD would start manufacturing of sodium ion batteries in 2023, with the Seagull being the primary EV to obtain the brand new expertise. Nonetheless, BYD’s Seagull was launched in April with an LFP Blade Battery.
The information comes after JAC Group’s YiWei, a brand new EV model backed by Volkswagen, began constructing its first EV with sodium ion batteries. The primary mannequin rolled off the manufacturing line final week and deliveries are anticipated to start this month.
Chairman of Yiwei Tech Xia Shunli stated sodium-ion batteries “can be a low-cost resolution that promotes the popularization of mass electrical autos among the many lots.”
Battery big CATL additionally revealed in April that Chery Auto’s iCar model would be the first to make use of its sodium-ion batteries.
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