BYD to supply lithium batteries to a major Chinese automaker

Published: 17 Aug 2009 18:44:35 PST

Shanghai, August 17 (Gasgoo.com) Chinese battery and electric car maker BYD Co has reached an agreement with one of China's top three auto groups to supply the automaker with lithium-ion batteries for hybrid vehicle productions, becoming BYD's first lithium-ion battery deal with domestic OEMs.

BYD sales manager Wang Jianjun confirmed that BYD did sign contract with one of China's major automakers but he could not tell its name because of professional secrecy.

According to BYD, its self-developed iron-phosphate-based lithium-ion batteries can be recharged more than 2,000 times, which allows the batteries to last for over 600,000kms (375,000 miles).

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