According to previous reports, 36Kr got news from people familiar with the matter,BYD’s power battery business, Fudi Battery, is actively exploring the market in the new car camp, including NIO and Xiaomi.It is reported that BYD has given NIO and Xiaomi a lot of discounts in terms of business terms, which may be the basis for the smooth cooperation between the two parties.
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Expose Xiaomi to purchase BYD blade batteries
As for the cooperation between Fudi Battery and Xiaomi Auto, the above-mentioned source said that Xiaomi Auto has signed a fixed-point cooperation agreement with Fudi Battery, and its first model has two configurations, high and low.
Among them, the low-end models use a 400V voltage platform and plan to use BYD blade batteries; the high-end models use an 800V voltage platform. The source said: “There is a high probability of using products from the Ningde era, but the details of cooperation have not been finalized.”
However, the official did not make any reply to this news, but this may also be regarded as a default.
Xiaomi Auto is making rapid progress
It is worth mentioning that a few days ago, when Xiaomi announced its financial report, it also revealed that since the announcement of the car building plan in March 2021, Xiaomi’s smart electric vehicle business has progressed beyond expectations.
Xiaomi Group said that as of now, the scale of the automotive business R&D team has exceeded 1,000 people. In the future, it will continue to expand R&D in core areas such as autonomous driving and smart cockpits, and maintain the expected mass production in the first half of 2024.
This means that we may have the opportunity to see some preliminary designs of Xiaomi cars next year. As a technology company started with cost-effectiveness, its first car product is also very exciting.