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BYD COMPANY Lian Yubo: Solid-state Battery Application Still Needs Min. 3 Yrs for Implementation; High-end NEV to Be Main Carrier in Future
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The implementation of the application of solid-state battery may take 3-5 years, Lian Yubo, chief scientist, chief automotive engineer, and director of the Automotive Engineering Research Institute at BYD COMPANY (01211.HK), said. Lithium iron phosphate battery will not be obsolete, even if solid-state battery application accelerates.

The technical parameters of lithium iron phosphate have been greatly improved, accounting for more than half of the loading volume, Lian added. Looking ahead, solid-state battery may be mainly used in some high-end NEVs, while the majority of the remaining popular NEVs will still be equipped with lithium iron phosphate battery.

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