BYD Blade Battery takes the lead in installed capacity

In 2023, BYD's blade battery, with its lithium iron phosphate technology, achieved a 41.11% market share in terms of installed power batteries, surpassing CATL's 34.01% and becoming the market leader. BYD's blade battery has a dominant position in the low- and mid-end electric vehicle market with its low cost and excellent high-temperature adaptability.