Tech Planet March 25 news, according to 36Kr reported that Weilai and Xiaomi cars will use lithium iron phosphate batteries using BYD.
According to reports, the fixed-point cooperation between Weilai and Fordy Battery has been finalized as early as before the Spring Festival, and photos of Weilai CEO Li Bin accompanying BYD Chairman Wang Chuanfu to visit the Hefei factory of Weilai have also been circulated on social media platforms. And some industry insiders revealed that the cooperation method between Weilai Automobile and BYD will be different from the current conventional cooperation and be relatively new.
In addition, it is rumored that Xiaomi Automobile has also signed a fixed-point cooperation agreement with Fordi Battery. It is reported that Xiaomi's first car has planned two configurations, high and low, of which the low-end model uses a 400V voltage platform, plans to use BYD blade batteries, and the high-end model uses an 800V voltage platform, and there is news that there is a high probability of using products of the Ningde era, but the details of cooperation have not yet been finalized.
Sources told 36Kr that IND gave a lot of preferential treatment in business terms in order to win the cooperation of these star car-making projects.
In response to the above news, Weilai replied to 36Kr: There is no information to disclose. The response of BYD and Xiaomi is that there is no official information to provide.
According to media reports, for many years, BYD has been adhering to the lithium iron phosphate route in the field of power batteries, and lithium iron phosphate power batteries have been criticized for low energy density and short mileage, and in recent years, the market share has once given way to ternary lithium batteries. In March 2020, BYD lithium iron phosphate blade batteries were launched and mass-produced.