An EV battery price war is heating up. BYD is launching its next-gen Blade EV battery next year, promising to unlock more range and faster charging at a significantly lower cost.
BYD's e-platform 3.0 with first generation LFP blade battery in Shenzhen. Credit: CarNewsChina BYD targets a 15% cost reduction for its second-generation blade battery, which will launch in the first half of 2025, a source familiar with the matter told CarNewsChina.
What is a BYD blade battery?
BYD's blade battery 2.0 will have an energy density of up to 210 Wh/kg and support 16C peak discharge. BYD will offer a short blade format for its second-gen lithium iron phosphate battery (LFP) with 160 Wh/kg energy density, a maximum discharge rate of 16C, and an 8C charge rate.
BYD is launching its next-gen Blade EV battery next year, promising to unlock more range and faster charging at a significantly lower cost. Everyone is talking about China's EV price war, but competition in the battery market is intensifying. BYD is the world's second-largest EV battery maker behind CATL, but its new tech could help close the gap.
BYD's managing director of Central Asia, Cao Shuang, confirmed during an interview a few weeks ago that BYD will launch its next-gen Blade batteries in 2025. “I think in the coming years, 2025, BYD will introduce the new generation of our remarkable blade battery,” the executive said.
An EV battery price war is heating up. BYD is launching its next-gen Blade EV battery next year, promising to unlock more range and faster charging at a significantly lower cost. Everyone is talking about China's EV price war, but competition in the battery market is intensifying.
The sources claimed that BYD plans to reduce the cost of the higher energy density unit by 15% compared to the current Blade battery, which offers around 150 Wh/kg energy density. “Everybody talks about the EV automaker price war, but no one talks about the battery makers price war, which is even more brutal,” the source said.