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Audi Confirms Battery Talks with BYD

Audi AG operations in China confirm the company is in talks to supply its electric car output in China with batteries from local EV maker BYD Co.
#asia #BYD #Volkswagen

Gaby-Luise Wuest, the new head of Audi AG operations in China, confirms the company is in discussions to supply its electric car output in China with batteries from local EV maker BYD Co.

Wuest tells Bloomberg News that Audi intends to introduce nine electrified models in China by the end of 2021, most of them 100% battery powered. The initiative is being driven by China’s EV push and the fact that Audi generates one-third of its global sales in that country.

Audi’s EV plans are part of parent Volkswagen AG’s announced goal of investing $4.4 billion in China next year to bolster its electrified model lineup and expand its offering of popular SUV/crossover models.

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