BYDDF (BYDDF)

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BYD continues to execute it's plan for growth:

Rumor: BYD Will Supply Tesla With Blade Batteries

BYD is in a process of expansion of its battery production and transition of its entire electric car portfolio to Blade Batteries (both BEVs and PHEVs). As there are more of those cells available, they will be sold also to other manufacturers.

CnEVPost recently reported a big 10% surge of BYD shares, bringing the market capitalization to more than over 880 billion CNY ($136 billion). It might not be accidental.

The company expects to sell 600,000 plug-ins this year, 820,000 in 2022 and about a million in 2023. The battery output would be 35 GWh, 51 GWh, and 70 GWh, respectively.

The average battery capacity (assuming all batteries would be used in BYD's EVs) would be then 58 kWh, 62 kWh, and 70 kWh per car.