Smart and Sustainable Electric Mobility
The PA75 project's battery is the first battery swap-enabled pack for FAW's HME battery platform for its Hongqi brand, FAW-FinDreams said.
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FinDreams said it will offer safer, more reliable batteries for electric two-wheelers, after a recent deadly accident revived concerns about the safety of electric two-wheeler batteries.
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"Against the backdrop of increasingly severe global climate change, we must take proactive measures to reduce carbon emissions," FinDreams said.
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FinDreams' cells will be used in BorgWarner's LFP battery packs for commercial vehicles in Europe, the Americas and selected parts of Asia-Pacific.
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FAW-FinDreams has a total planned capacity of 45 GWh, and will be able to provide blade batteries for nearly 600,000 vehicles when fully operational. Its initial production capacity is 15 GWh.
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BYD did not disclose the specific buyer of the batteries, but announced that the transportation destination was Frankfurt, Germany.
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The export of lithium batteries using air transportation is very rare and difficult, as the product is classified as dangerous goods.
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The sodium battery base is planned to have a total investment of RMB 10 billion and an annual capacity of 30 GWh.
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FinDreams said it will utilize its consumer battery product, the LFP 4680, to partner with LG to create competitive products for the US and European markets.
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The project, which is expected to go into operation in September, is designed to have a total capacity of 45 GWh, which will meet the demand for one million NEVs.
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