If The Electric Vehicle Business Ever Comes Back This Could Be Big

From the Asia Times, March 30:

BYD’s blade-shaped battery could redefine EV safety

 

Thanks to its structure, the battery can better use the space in the battery pack that drives an electric vehicle 

Imagine an electrical vehicle battery that can increase energy density per unit of volume by 50%, improve safety and enable a car to travel up to 600 kilometres on a single charge.

It appears the latter has been achieved, as Chinese electric carmaker BYD unveiled a new blade-shaped battery on Sunday, saying that many carmakers have shown interest in the space-saving and safer product, China Daily reported.

He Long, president of BYD’s battery business unit FinDreams, said, “Almost all carmakers you have heard of are in talks with us in terms of technical cooperation.”...MORE

I always thought it would be CATL coming up with the breakthroughs but maybe Charlie Munger was right when he convinced Warren to put 230 mil. USD into BYD at HK$8 back in the first part of the Great Financial Crisis, Sept. 27, 2008.
Now the stock is at HK$38, down from the 2017 high just north of HK$80 but still beating the bank.

If interested some of our prior posts via the 'search blog' box results page.