Tesla – standard battery life model 3/Y is fully equipped with lithium iron phosphate batteries, BYD will supply it again.
Tesla in the third quarter of the release of lithium phosphate lithium battery favor, once again triggered speculation about battery suppliers.
In its third-quarter 2021 report, released on October 20, local time, Tesla said it was gradually adjusting to include lithium phosphate batteries for the standard-renewed Model 3 and Model Y, which cover the global market, while the long-range models would continue to use three-way lithium batteries.
BYD:
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Tesla’s announcement means that both its U.S. and future European models will use lithium iron phosphate batteries for both the standard-range Model 3/Y models.
“Combined with previous market news, BYD, which already has a factory in the United States, has a better chance of winning. Industry sources close to BYD say by-themed Tesla are nearing landing.” BYD said it would “not comment” on the claim.
In early August, Caixinha had an exclusive report on BYD’s supply of “blade batteries” to Tesla in the second quarter of next year. While BYD also said it would “not comment”, subsequent follow-up reports suggested that BYD’s “blade battery” could be installed first on Model Y.
industry sources believe that tesla’s recognition of lithium-ion phosphate battery technology may be due to the lack of increased vehicle prices, compression of parts costs to further improve vehicle profit margins, but also to provide consumers with an optio.
In the third quarter of 2021, tesla reported revenue of $13.76 billion, up 57 percent from a year earlier, and forecast $13.914 billion, while adjusted net profit of $1.618 billion, up 389 percent from a year earlier, was more than $1 billion for the second quarter and was expected to be $1.825 billion.
Model3/Y sales were a major factor in Tesla’s big net profit increase in the third quarter. The data showed that Tesla Model 3/Y delivered 232,102 vehicles in the third quarter, up 87% year-on-year and accounting for 96% of Tesla’s total deliveries in the current period.
Tesla also said in its third-quarter report that it expects car deliveries to grow at an average annual rate of 50 percent over the next few years, with the goal of producing the first ModelYs at its plants in Berlin and Austin, Texas, by the end of the year. In addition, Tesla said the Fremont, California plant has produced more cars in the past 12 months than in any other year, but there is still room for further improvement.
The Fremont plant is tesla Model 3/Y’s U.S. manufacturing facility. With Tesla’s announcement in its third-quarter report on lithium iron phosphate batteries, it means that the plant’s standard battery life-long model 3/Y will also be powered by lithium iron phosphate batteries.
the industry generally believes that both the fremont, california, and austin, texas, plants are cost-conscious and should follow the principle of local matching, having little likely to transport cells or battery packs by sea, etc. byd, which has a power battery plant in the us, has undoubtedly the upper hand.
Public information indicates that BYD has a lithium-ion phosphate battery plant in Lancaster, Pennsylvania, to supply batteries for BYD electric buses sold in the United States. Although the plant has a capacity of only about 1GWh, it is only about 500 miles from the Tesla Fremont plant and could meet Tesla’s early demand for lithium-ion iron phosphate batteries through line upgrades.
“The information I got was that BYD had received an order for Tesla 10GWh.” The industry sources close to BYD said.
However, this information has not been confirmed by the parties. Based on about 60 degrees of charge on Tesla’s standard-life Model 3/Y bike, this order will meet the loading requirements of approximately 160,000 standard-life Model 3/Y vehicles.
Sam Abuelsamid, chief analyst at Guidehouse Insights
Tesla’s switch to lithium iron phosphate batteries is a smart move.
Sam Abuelsamid, chief analyst at Guidehouse Insights, a market research firm, said Tesla would not cut prices on new versions of electric cars, so profit margins would naturally increase.
Tesla’s standard battery life-long Model 3/Y is fully equipped with lithium-phosphate batteries, October 21, 2021
