{"id":24076,"date":"2022-06-08T09:03:50","date_gmt":"2022-06-08T13:03:50","guid":{"rendered":"https:\/\/autosector.com\/?p=24076"},"modified":"2022-06-08T09:03:50","modified_gmt":"2022-06-08T13:03:50","slug":"byd-supply-tesla-batteries-soon","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=24076","title":{"rendered":"BYD: We Will Supply Tesla With Batteries Very Soon"},"content":{"rendered":"<p>After multiple rumors over the past 12 months, it seems that BYD&#8217;s batteries will finally find their way into Tesla products, potentially even this year.<\/p>\n<p>According to <em>Reuters<\/em>, Lian Yubo, <a href=\"https:\/\/insideevs.com\/byd\/\">BYD<\/a>&#8216;s executive vice president, said that the Chinese manufacturer is preparing to supply batteries to <a href=\"https:\/\/insideevs.com\/tesla\/\">Tesla<\/a> <em>&#8220;very soon.&#8221;<\/em><\/p>\n<blockquote readability=\"10\">\n<p>&#8220;&#8221;We are now good friends with Elon Musk because we are preparing to supply batteries to Tesla very soon,&#8221; said Lian Yubo, BYD&#8217;s executive vice president in an interview with Kui Yingchun, an anchor with China&#8217;s state-owned broadcaster CGTN.&#8221;<\/p>\n<\/blockquote>\n<p>It&#8217;s the first official confirmation that BYD will supply batteries for Tesla, after a series of unofficial reports, like <a href=\"https:\/\/insideevs.com\/news\/542467\/rumor-byd-supply-tesla-batteries\/\">in October 2021<\/a>, and <a href=\"https:\/\/insideevs.com\/news\/524752\/rumor-byd-blade-batteries-tesla\/\">in August 2021<\/a>, <a href=\"https:\/\/insideevs.com\/news\/526025\/byd-denies-battery-supply-tesla\/\">which were later denied by BYD<\/a>.<\/p>\n<section class=\"embed-item trinity-skip-it\" contenteditable=\"false\" draggable=\"true\" data-widget=\"embed\" data-embed-code=\"%3Cblockquote%20class%3D%22twitter-tweet%22%3E%3Cp%20lang%3D%22en%22%20dir%3D%22ltr%22%3EBYD%20Senior%20Vice%20President%20Lian%20Yubo%3A%20We%20are%20now%20good%20friends%20with%20%3Ca%20href%3D%22https%3A%2F%2Ftwitter.com%2Felonmusk%3Fref_src%3Dtwsrc%255Etfw%22%3E%40elonmusk%3C%2Fa%3E%20and%20are%20immediately%20ready%20to%20supply%20him%20with%20batteries.%20BYD%20respects%20Tesla%20and%20admires%20Tesla.%20%3Ca%20href%3D%22https%3A%2F%2Ft.co%2FLD1jTbyfdE%22%3Epic.twitter.com%2FLD1jTbyfdE%3C%2Fa%3E%3C%2Fp%3E%26mdash%3B%20Chris%20Zheng%20(%40ChrisZheng001)%20%3Ca%20href%3D%22https%3A%2F%2Ftwitter.com%2FChrisZheng001%2Fstatus%2F1534341692844818434%3Fref_src%3Dtwsrc%255Etfw%22%3EJune%208%2C%202022%3C%2Fa%3E%3C%2Fblockquote%3E%20%3Cscript%20async%20src%3D%22https%3A%2F%2Fplatform.twitter.com%2Fwidgets.js%22%20charset%3D%22utf-8%22%3E%3C%2Fscript%3E%20\">\u00a0<\/section>\n<p>As of now, there are no details about the supply agreement between BYD and Tesla, so we don&#8217;t know the type of batteries, volume, timeframe or products in which the batteries would be used.<\/p>\n<p>We can only guess that Tesla is interested in the <a href=\"https:\/\/insideevs.com\/news\/495023\/byd-blade-battery-entering-european-market\/\">BYD Blade Battery (long, LFP battery cells) and cell-to-pack (CTP) technology<\/a>. However, the question is whether we are talking about the first version or about the latest version with <a href=\"https:\/\/insideevs.com\/news\/588088\/byd-seal-attractive-pricing-structural-battery\/\">the CTB (cell-to-body) structural battery system, first used in the upcoming all-new Seal model<\/a>. There is only a small probability that BYD would supply Tesla with other chemistry types or cell form factors.<\/p>\n<p>Another question is whether Tesla needs those LFP batteries for electric vehicles and\/or for battery energy storage systems, like the Megapack.<\/p>\n<p><a href=\"https:\/\/insideevs.com\/news\/587455\/batteries-tesla-using-electric-cars\/\">Tesla currently has several battery suppliers, lithium-ion chemistries and cell form factors in use<\/a>. With the addition of BYD, the situation would be even more interesting and complex.<\/p>\n<p>This prompts another question of whether BYD Blade Batteries are so competitive that they are worth adding to Tesla&#8217;s portfolio or if Tesla&#8217;s battery demand is so high that it needs more LFP batteries from the market.<\/p>\n<p>There is a value in simply adding BYD to the list of suppliers to get better prices\/negotiation position from CATL (Tesla&#8217;s existing LFP-battery supplier), although we would bet that the performance and value proposition of BYD&#8217;s products is the key.<\/p>\n<p>A quick look at the BYD Blade Battery:<\/p>\n<section class=\"trinity-skip-it\" contenteditable=\"false\" draggable=\"true\" data-widget=\"video\" data-url-params=\"\"><img decoding=\"async\" class=\"sizer\" draggable=\"false\" src=\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAYAAAA7KqwyAAAAGXRFWHRTb2Z0d2FyZQBBZG9iZSBJbWFnZVJlYWR5ccllPAAAABpJREFUeNpi\/P\/\/PwMlgImBQjBqwLAwACDAAOVfAw9\/ZDvcAAAAAElFTkSuQmCC\" alt=\"\"\/> <\/p>\n<p><iframe width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"\" data-src=\"https:\/\/www.youtube.com\/embed\/evcFL7c_iQQ\" data-src-param=\"\">[embedded content]<\/iframe><\/p>\n<\/section>\n<section class=\"trinity-skip-it\" contenteditable=\"false\" draggable=\"true\" data-widget=\"video\" data-url-params=\"\"><img decoding=\"async\" class=\"sizer\" draggable=\"false\" src=\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAYAAAA7KqwyAAAAGXRFWHRTb2Z0d2FyZQBBZG9iZSBJbWFnZVJlYWR5ccllPAAAABpJREFUeNpi\/P\/\/PwMlgImBQjBqwLAwACDAAOVfAw9\/ZDvcAAAAAElFTkSuQmCC\" alt=\"\"\/> <\/p>\n<p><iframe width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"\" data-src=\"https:\/\/www.youtube.com\/embed\/CSGESKhtZD0\" data-src-param=\"\">[embedded content]<\/iframe><\/p>\n<\/section>\n<section class=\"relatedContent-new trinity-skip-it\" contenteditable=\"false\" draggable=\"true\" data-widget=\"related-content\" data-widget-size=\"content\" data-params=\"%7B%22type_id%22%3A0%2C%22title_id%22%3A%22%22%2C%22items%22%3A%5B%7B%22article_edition_id%22%3A%22576870%22%2C%22title%22%3A%22CATL%20Announces%20Third-Generation%20CTP%20Batteries%22%2C%22alias%22%3A%22catl-third-generation-ctp-batteries%22%2C%22section%22%3A%221%22%2C%22is_video%22%3A%220%22%2C%22images%22%3A%7B%22s5%22%3A%22https%3A%2F%2Fcdn.motor1.com%2Fimages%2Fmgl%2FNGZpKn%2Fs5%2Fcatl-ctp-3.0-battery.jpg%22%7D%7D%2C%7B%22article_edition_id%22%3A%22585513%22%2C%22title%22%3A%22Ford%20Hints%20At%20LFP%20Battery%20Version%20Of%20Its%20Electric%20Vehicles%22%2C%22alias%22%3A%22ford-hints-lfp-battery-version-evs%22%2C%22section%22%3A%221%22%2C%22is_video%22%3A%220%22%2C%22images%22%3A%7B%22s5%22%3A%22https%3A%2F%2Fcdn.motor1.com%2Fimages%2Fmgl%2Fg40GQo%2Fs5%2Fford-f-150-lightning.jpg%22%7D%7D%5D%7D\">   <\/section>\n","protected":false},"excerpt":{"rendered":"<p>After multiple rumors over the past 12 months, it seems that BYD&#8217;s batteries will finally find their way into Tesla products, potentially even this year. According to Reuters, Lian Yubo, BYD&#8216;s executive vice president, said that the Chinese manufacturer is preparing to supply batteries to Tesla &#8220;very soon.&#8221; &#8220;&#8221;We are now good friends with Elon [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-24076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/24076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24076"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/24076\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/8313"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24076"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}