Automotive Apr 13, 2021 06:48 PM (GMT+8) · EqualOcean
BYD targets low and middle-income drivers compared to other electric car manufacturers in China. The company has announced that it will be one of the first to fully embrace LFP (lithium-ion battery) technology. This should increase the safety of electric vehicles made by BYD. Other companies in this field are still using NMC (Nickel Manganese Cobalt Oxide) batteries, which are much cheaper but more prone to problems. Last year alone, 124 incidents of NEV smoke were recorded in China. This briefing is contributed by and first appeared on CIMK.

Source: CIMK

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