We learned from relevant media that BYD’s power battery business, Fudi Battery, is actively exploring the market in the new car camp, including Weilai and Xiaomi Motors. According to sources, in order to win cooperation in these celebrity car-making projects, BYD has given many concessions in terms of business terms.
It is reported that the fixed-point cooperation between Weilai and Fudi Battery has been finalized before the Spring Festival, and BYD's lithium iron phosphate blade batteries will be used. In the second half of last year, many NIO battery personnel frequently visited BYD's headquarters in Pingshan, Shenzhen. Earlier, photos of NIO CEO Li Bin accompanying BYD Chairman Wang Chuanfu to visit NIO's Hefei factory were circulated on social media.
CurrentlyNIO’s power batteries are supplied by CATL, but NIO’s leader Li Bin has publicly stated that the batteries It has become a factor limiting production capacity. It has become a common practice in the industry to seek more suppliers to increase production capacity guarantee.
At almost the same time as Weilai, Xiaomi Motors also signed a designated cooperation agreement with Fudi Battery. It is reported that Xiaomi Motors' first car has planned two configurations, high and low. The low-end model uses a 400V voltage platform and plans to use BYD blade batteries, and the high-end model uses an 800V voltage platform. There is a high probability that Use CATL products.
Editor: Qin Qingbao