BYD ready to supply batteries for Europe and North America

Chinese manufacturer BYD has announced talks to supply electric batteries for two European and one North American carmaker. These deals would surely maximize benefits from its proprietary lithium-ion batteries technology, which are made in Shenzhen, China. These batteries are already installed in the F3DM sedan that is currently sold exclusively to Government agencies, but which will be available for the general public next summer. Mr. Wang also stated that the company's ability to produce lithium-ion battery cells at relatively low cost, in part because of its choice of technology (iron-phosphate-based lithium-ion) and low labor costs, gives the company an advantage over other battery makers.