SAIC Has Reported That BYD Will Supply Lithium-Ion Batteries

Hybrid/Electric, Reports | Dean | August 19, 2009 at 00:03

SAIC has released more information on the local lithium-ion battery supplier which they will use in the future. It has been reported that BYD will help SAIC out with new lithium-ion units which will last for around 600,000 km, and they will be able to be recharged around 2,000 times.

SAIC will use the new batteries to power the Roewe hybrid vehicles for 2010, where they will be able to offer around 20 percent more fuel efficiency than the current models.

Details are still unknown, but BYD seem to be aiming at a big presence in the hybrid and electrical field. BYD has recently said that they will aim to team up with various companies for positive results in the future.

“We are in talks with a number of foreign companies. We will supply the partner with our battery products in the cooperation, but we are not selling the technology,” Henry Z. Li, general manager of BYD Auto’s export division, said in April.

“Electric vehicles are an opportunity. The issue is how we can seize the opportunity and bring our advantage into play. New energy vehicles will gain a bigger market share and we are riding the trend… I believe we will be able to make the division break even within five years,” Li added.