Tesla and BYD are topic car companies in China's new energy automotive sector. One is the high-end electric vehicle in China, the latter is the domestic new energy car company project. Although the two are competencies, because BYD batteries, the two may also have cooperation.

On October 20, Tesla announced its third quarter earnings,Tesla declares that "For batteries used in standard mileage models, we will transition to lithium iron phosphate (LFP) batteries worldwide."

This also triggered the industry's guess, Tesla may expand the coverage of lithium iron phosphate batteries, or increased vendors' friends circle.

At present, the LFP batteries used by the standard mileage model used by Tesla Shanghai Super Factory are supplied from the Ningde Times of China Battery Manufacturers.

Domestic media has recently reported thatTesla or has already finalized a 10GWH battery procurement agreement with BYD, which is equipped with 200,000 5kWH batteries per year.

BYD is one of China's largest electric vehicle manufacturer, which releases a blade LFP battery in 2020, which is due to a significant reduction in battery thermal out-of control, and the company claims that the battery is the safest battery on the market.

Informed people revealed,"The news I got was BYD I have gotten Tesla 10GWH battery orders. And Model Y will be the first model with BYD LFP blade battery."

BYD is not asserted here.

In addition, BYD has an LFP battery plant in Lancaster, Pennsylvania, USA, which is mainly electric bus from BYD in the United States.

Although the capacity of the plant is only about 1GWH, but after the production line is upgraded, it can also be supplied directly to Tesla.Because the plant is only about 800 kilometers from the distance of the Tesra Fermont Super Factory.