BYD (01211.HK)(002594.SZ) announced that it will hold a complete product launch conference for electric two-wheeled and three-wheeled vehicle batteries at its headquarters in Shenzhen on Saturday (17th), promoting the slogan "Phasing out Lead-Acid, New Beginning with Iron-Lithium".
The new Lithium Iron Phosphate Battery product may enhance range and lifespan, but costs may rise, and its subsidiary, Fudi Battery, has already opened a store in Chengdu. This time, a small capacity "Blade Battery" will be launched, which may lead to a transformation in the Industry.