BYD to start selling in-vehicle batteries to other companies

Chinese EV maker to supply lithium ion batteries as early as second half of 2021

20210402N BYD 1

A battery is installed in a car at a BYD plant in Shenzhen: BYD aims to expand the scale of its battery manufacturing business. © Reuters

YUSUKE HINATA, Nikkei staff writer

GUANGZHOU -- Major Chinese electric vehicle manufacturer BYD will start selling in-vehicle batteries to other companies as early as the second half of this year, Nikkei has learned.

The move comes as BYD seeks to expand the scale of its battery manufacturing business by supplying other companies, instead of simply using the key EV component it produces in its own products, and thereby further boosting production efficiency.

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