Apple's car project failed, BYD directly benefits? It is reported that they have secretly cooperated for six years to develop long-range electric vehicle batteries

Wallstreetcn
2024.10.16 23:04
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Media reports that ten years ago, BYD engineers showed an early version of blade batteries to Apple executives, planting the seeds of cooperation. The collaborative research and development laid the foundation for BYD's current automotive battery technology. Apple did not own any technology currently used in blade batteries. Before cooperating with BYD, Apple had invested millions of dollars in battery pack design and engineering