Category: China

BYD’s FinDreams unit to supply battery cells to Tesla’s Shanghai Megafactory

BYD's battery making unit FinDreams will be Tesla's new supplier of energy storage cells outside of CATL, securing more than 20 percent of orders for the Megapack product line, according to local media.

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China May NEV wholesale at 910,000, up 16% from Apr, CPCA estimates show

In May, the start of car trade-in subsidies and the cooling of price wars have stimulated spending among groups that were previously on the sidelines, the CPCA said.

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