BYD and Other China Electric Car Makers in 2022

BYD has increased its 2022 battery-electric (BEV) and plug-in hybrid electric (PHEV) car production target from 1.2 million to 1.5 million units. BYD’s old target was about half BEV and half hybrid (600K each). I would expect the new target to be 800K BEV and 700K PHEV. In terms of battery electric cars, Tesla is …

Read more

CALB 40GWh LFP Battery Expansion and Targets 500 GWh by 2025

China Lithium Battery Technology (CALB) has started building the thrid phase of an LFP lithium battery factory with manufacturing capacity of 40GWh and supporting assembly lines for battery modules and battery packs. For the first stage, CALB plans to invest 5 billion yuan ($786.275 million) in 10GWh manufacturing facilities. The first phase will output a …

Read more