"What's not so obvious about BYD is that it's not just a huge car manufacturer; it's also one of the world's largest battery makers. BYD already supplies its low-cost lithium-iron phosphate batteries (LFP) to Tesla, Stellantis, Mercedes-Benz and Toyota, mainly for some of their EVs sold in Europe and China. Its battery deployments worldwide grew by 31.3% between January and November last year to 133.4 gigawatt-hours, falling only behind CATL, according to Korea's SNE Research."
"The automaker is planning to build a plug-in hybrid version of the Bronco in Spain in 2027, but it's unclear if that model would feature BYD batteries. In the U.S., Ford ended production of the all-electric F-150 Lightning last year and shelved plans for its electric successor. It booked $19 billion in charges as it unwound its EV plans. Instead, the automaker's next-generation F-150 Lightning will be an extended-range vehicle (EREV)."
Ford is in talks with BYD to potentially buy lithium-ion battery packs for upcoming hybrid models. BYD supplies low-cost lithium-iron phosphate (LFP) cells to several automakers and expanded battery deployments by 31.3% to 133.4 GWh year-to-date, second only to CATL. One possible arrangement would see Ford importing BYD batteries for vehicles built overseas, since China-made EVs and batteries face high U.S. tariffs. Ford plans a plug-in hybrid Bronco in Spain for 2027, while U.S. strategy shifted after ending all-electric F-150 Lightning production and taking $19 billion in charges; the next F-150 Lightning will be an extended-range vehicle (EREV).
Read at insideevs.com
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