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15 Aug
14:50

BYD, CATL compete on lithium mines, Tesla supply deal

The competition between Chinese leading power battery companies BYD and CATL is getting more intense as BYD begins to catch up on power battery market share and lithium mine development, Kallanish discovers.  On 15 August, the local governments of Yichun City and Yifeng County, Yichun Mining, and BYD signed a strategic cooperation framework agreement in Nanchang, Jiangxi Province. BYD intends to invest CNY 28.5 billion ($4.21 billion) in Yichun to constr…
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