Oct 19 2009

BYD-iron battery, opening up the brand rather than the core technology

As early as August, there have been media reports: BYD did not intend to shut the door and its own development, but hope to open their counterparts in more core technology platform – iron battery, because BYD find new energy sources car really moving towards market-oriented, rely on one or two leading technology companies is simply impossible.

BYD Auto Sales Vice President Wang are in an interview with reporters, said that the media was “misunderstanding,” BYD-iron battery technology is used for nearly six years of time invested several billions of dollars of produced by crystallization, we have to respect this technology. 

He said that we in the cell area is a global supplier of excellent, if domestic and foreign auto companies are willing to purchase our iron batteries, we will not because we have the car plant closed iron battery supply, the supply of iron battery level, it is open. 

And Volkswagen, SAIC supply agreements 

In April of this year, Volkswagen Group chairman Winterkorn stay in Shanghai, told us when he explicitly stated, the public willing to work with BYD electric sony pcga-bp1n battery,sony pcga-bp2nx battery vehicle areas. Subsequently, BYD CEO Wang Chuanfu has been flown to the general public the headquarters in Germany, and the general public high-level “supply” of negotiation, and reached a supply agreement. 

This means that the future Volkswagen will produce electric vehicles may be assembled from China BYD iron battery. 

In August, BYD-iron battery supply in the domestic front began to “warm-up.” BYD has a large domestic auto companies to reach an agreement, the enterprise will be used for supporting the procurement BYD’s hybrid and pure electric vehicles like the lithium battery pack, which is the first time in the domestic supply of BYD Li-ion battery pack . Because of “confidentiality agreement”, although the BYD did not reveal specific information about this enterprise, but according to NetEase automotive knowledge, and BYD-iron sony pcga-bp2ny battery,sony pcga-bp2r battery supply agreement reached by the enterprise is SAIC. 

BYD-iron battery will be the income of a deadly weapon? 

Over the years, BYD-iron battery, or harvest the “results.” First self-developed F3DM equipped with dual-mode electric vehicles, and has begun to gradually try to commercialization, industrialization. Furthermore, BYD-iron battery at home and abroad this year, some large auto companies reached a supply agreement. Insiders believe that the supply of iron batteries BYD profit growth will be another “means for misappropriating” approach, and that this profit is considerable, as was the supply of mobile phone batteries mobile phone manufacturers like. 

Wang shared the view that iron sony pcga-bp2s battery,sony pcga-bp2t battery can eventually become a profit jumped BYD point, which depends on the promotion of commercialization of electric cars the future it will become a new business model. First, look at this project can not be allowed to market acceptance, we have a most dedicated promoters, and the most persistent an enterprise, if more and more added to the team, the commercial speed very quickly. 

In the new energy field, shot a lot this year, BYD, which it wants to compete for the world’s pattern of development of new energy vehicles the right to speak about. 
Followed by 60 million acquisition of Hunan Hunan passenger cars, the success of the advantages of the new field of energy extends to the passenger area, to form a car-based, taking into account bus (large passenger vehicles), and micro-cars full of new energy vehicle development system, the 7 the end of BYD with Buffett’s MidAmerican Energy completed the two sides entered into a strategic investment and the sony pcga-bp2v battery,sony pcga-bp71 battery subscription agreement, Sino-US energy subscribed 225 million shares BYD new H shares, the transaction amount of 1.8 billion Hong Kong dollars, now, Buffett shares BYD the formal completion of the transaction. 

Then, a total investment of nearly 50 billion BYD electric vehicle battery production base in Huizhou in Guangdong completed, this base will assume the core technology BYD electric vehicle – iron battery production tasks, which means that BYD has been on the mass production of electric cars are well-prepared. 

In the sony vgp-bpl2 battery,sony vgp-bpl5a battery field, BYD ahead of peers with the technology and resources; but this advantage began to “iron cell” in the form of an extension to its automotive fields.

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