BYD challenges CATL’s EV battery crown in China

GUANGZHOU — China’s electrical car powerhouse BYD is rising as a powerful rival to CATL, the main producer of EV batteries, by taking up as the highest vendor of a low-cost selection. BYD has turn out to be the chief in transferring lithium-iron-phosphate (LFP) batteries. This kind is 20% to 30% cheaper than typical lithium-ion … Read more