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China's BYD to equip all its EVs with in-house batteries

Company touts improved safety and performance in move to expand battery business

BYD wants to offer other EV makers its new battery, developed by subsidiary FinDreams Battery. (Photo by Takashi Kawakami)

CHONGQING -- Chinese electric vehicle manufacturer BYD said on Wednesday it will equip all of its vehicles with a newly developed battery in a move aimed at expanding its battery business.

The company claims the new battery has improved safety and performance. BYD had previously installed the battery on only a few models. In addition to the four EVs BYD launched on Wednesday, the automaker will gradually replace batteries of existing models with the latest version.

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