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BYD Will Supply Tesla With Batteries Very Soon
After multiple rumors over the past 12 months, it seems that BYD's batteries will finally find their way into Tesla products, potentially even this year.
According to Reuters, Lian Yubo, BYD's executive vice president, said that the Chinese manufacturer is preparing to supply batteries to Tesla "very soon."
"We are now good friends with Elon Musk because we are preparing to supply batteries to Tesla very soon," said Lian Yubo, BYD's executive vice president in an interview with Kui Yingchun, an anchor with China's state-owned broadcaster CGTN."
It's the first official confirmation that BYD will supply batteries for Tesla, after a series of unofficial reports, like in October 2021, and in August 2021, which were later denied by BYD.
As of now, there are no details about the supply agreement between BYD and Tesla, so we don't know the type of batteries, volume, timeframe or products in which the batteries would be used.
Source: Re-posted and Summarized from Mark Kane at insideevs.
My Take: No real surprise here. Elon keeps saying he will buy all the batteries that can be made. Assuming they meet his quality standards, of course.
Re Posted From: BYD Will Supply Tesla With Batteries Very Soon
After multiple rumors over the past 12 months, it seems that BYD's batteries will finally find their way into Tesla products, potentially even this year.
According to Reuters, Lian Yubo, BYD's executive vice president, said that the Chinese manufacturer is preparing to supply batteries to Tesla "very soon."
"We are now good friends with Elon Musk because we are preparing to supply batteries to Tesla very soon," said Lian Yubo, BYD's executive vice president in an interview with Kui Yingchun, an anchor with China's state-owned broadcaster CGTN."
It's the first official confirmation that BYD will supply batteries for Tesla, after a series of unofficial reports, like in October 2021, and in August 2021, which were later denied by BYD.
As of now, there are no details about the supply agreement between BYD and Tesla, so we don't know the type of batteries, volume, timeframe or products in which the batteries would be used.
Source: Re-posted and Summarized from Mark Kane at insideevs.
My Take: No real surprise here. Elon keeps saying he will buy all the batteries that can be made. Assuming they meet his quality standards, of course.
Re Posted From: BYD Will Supply Tesla With Batteries Very Soon