#battery_technology

The company has not produced cars with internal combustion engines for more than a year and a half BYD sold 301,903 new energy vehicles (NEVs) in November, up 31% year-on-year and almost the same as in October. Sales of electric vehicles (BEVs) rose to 170,150 units, while sales of hybrid vehicles (PHEVs) decreased by 3.22% to 131,228 compared to the previous month. This is another record high month for BYD, but growth for the month is very slight, only 0.27%. Year to date (January-November), BYD has sold 2,683,374 vehicles, meaning the company needs to deliver about 320,000 units in December to reach its goal of 3 million vehicles. BYD stopped production of internal combustion engine vehicles in April last year. BEV sales accounted for 52.5% of BYD's total sales in September and 54.9% in October. BYD sold a record 301,903 vehicles in November, with hybrid sales down [caption id="attachment_85424" align="alignnone" width="780"] BYD[/caption] BYD's sales include the main brand as well as sub-brands. Deliveries of YangWang U8 amounted to 408 units, Fang Cheng Bao Bao - 5626 units, Denza - 11,843 units. Denza D9 sales totaled 10,446 units. The Ocean and Dynasty brands sold 288,501 vehicles. BYD also exported 30,629 vehicles to global markets, up 148.65% year-on-year and almost the same as the previous month. The main export product is the Yuan Plus SUV, also known as Atto 3. BYD today also announced major promotions as part of its year-end sales campaign, with some models that were previously discounted being discounted again.

Manufacturers are losing a lot on electric vehicles The lithium-ion battery is often considered the most expensive component in an electric vehicle. However, over the past 10 years prices have dropped greatly. In 2013, the average price of a lithium-ion battery was $780 per kWh, according to the Bloomberg New Energy Foundation (BNEF). Today, the average cost of batteries is $139 per kWh. This is a record low, 12% lower than in 2022, BNEF notes. This decline can be partly explained by expansion of production capacity and lower raw material costs. “This is another year where battery prices have closely tracked raw material prices. In the years since we conducted this research, falling prices have been driven by massive learning and technological innovation, but that dynamic has changed,” said Evelina Stoicu, BNEF senior scientist for energy storage. “The fall in prices this year was due to significant increases in production capacity across the value chain coupled with weaker-than-expected demand.” [caption id="attachment_84665" align="aligncenter" width="780"] electric cars[/caption] Lithium-ion battery prices hit record lows, but electric cars remain expensive Cheaper batteries should mean more affordable electric vehicles for consumers. But the reality is a little more complicated. Some battery makers have seen reduced plant utilization, and rising demand for electric vehicles hasn't quite met some automakers' expectations. In fact, battery prices rose in 2022 for the first time in several years, rising from $150/kWh to $161/kWh before falling again this year. Moreover, mass production of electric vehicles has not yet reached a level where the benefits of lower battery costs can be fully reflected in the final price - Tesla is an exception. OEMs are losing a significant amount of money on electric vehicles. Therefore, cheaper batteries are not enough to offset the capital-intensive production of electric vehicles and the associated costs. Presumably, it may be several more years before consumers begin to see the benefits of falling battery prices.

We are talking about the Audi Q6L e-tron, Q6L Sportback e-tron and A6L e-tron The Audi Q6L e-tron, Q6L Sportback e-tron and A6L e-tron will receive BYD lithium iron phosphate batteries and NMC ternary lithium batteries from CATL, as reported by Chinese media. The cars will be produced at the FAW-Audi joint venture. The letter L in the name of Audi cars means that these are versions only for China with a longer wheelbase. FAW-Audi is Audi's Chinese joint venture with state-owned auto giant First Automobile Works. Audi and VW own 60% of the shares in the project, and FAW - 40%. [caption id="attachment_82252" align="aligncenter" width="780"] BYD and CATL batteries[/caption] New Audi cars will receive BYD and CATL batteries The FAW-Audi JV is building a large electric vehicle production plant in northeast China in Changchun, Jilin province, at a cost of 2.6 billion euros. It will have an annual capacity of 150,000 vehicles, occupy 2.46 million square meters, and production is scheduled for December 2024. It will produce Audi electric vehicles based on the Premium Platform Electric (PPE), developed jointly with Porsche. BYD LFP batteries have lower energy density and tend to cost less, so they should be used in entry-level models. CATL NMC batteries are more expensive and have a higher energy density, so they should appear in the top trim levels. The first electric car to roll off the assembly line at the Changchun plant will be the Audi Q6L e-tron.

Google plans to offer Pixel instead Fitbit, which has been owned by Google for several years, announced it will stop selling its products in 29 countries around the world. This move affected the regions of Asia, Europe and Latin America. [caption id="attachment_82035" align="aligncenter" width="780"] Google[/caption] Fitbit has stopped selling in almost 30 countries European countries where users will no longer be able to purchase Fitbit products include Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Luxembourg, Poland, Portugal, Romania and Slovakia. Automatic renewal of paid Fitbit Premium subscriptions in these countries ended on October 24, 2023, but users still have the option to manually renew their subscription from the app. As the company emphasized, devices already sold will continue to be supported, including software updates with new functions and security system improvements. Thus, Fitbit now sells products only in 23 countries. A Google representative commented to AndroidAuthority:  We announced that we will no longer sell Fitbit products in certain countries to align our product portfolio with the regional availability of the Pixel.

This is a solid state traction battery CATL Kirin 5C Li Auto continues to reveal details about its first minivan called Mega. This time the company paid attention to a traction battery with ultra-fast charging. [caption id="attachment_82030" align="aligncenter" width="780"] Li Auto Mega[/caption] Li Auto Mega received a CATL Kirin 5C solid-state battery, which is designed for an input power of more than 520 kW and a peak charging current of 700A. “ We provide the world’s fastest charging speed for electric vehicles - charging for 12 minutes allows you to replenish the energy reserve for 500 kilometers ,” Li Auto explained in the teaser image. Li Auto Mega received a traction battery that gets a charge of 500 km in 12 minutes [caption id="attachment_82031" align="aligncenter" width="383"] Li Auto Mega[/caption] In October of this year, Li Auto published a video that demonstrated ultra-fast charging speed: in 11 minutes and 2 seconds, the minivan was charged from 6 to 80 percent (77.3 kWh).