With a registered capital of 500 million yuan, Fudi Battery and Huaihai Holdings jointly established a sodium battery company

BYD's wholly-owned subsidiary Fudi Battery Co., Ltd. and Huaihai Holding Group Co., Ltd. jointly hold shares and establish a sodium battery company with a registered capital of 500 million yuan. The business scope covers battery manufacturing, battery sales, and the recycling and cascade utilization of waste power batteries for new energy vehicles.