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Chinese EV Giant BYD Looks for Lithium in Africa and Expands Dealer Network in Brazil

Image via BYD.

Two big stories this week about the Chinese electric vehicle giant BYD:

BATTERIES: Rather than buy lithium, a key ingredient in EV batteries, on the open market and face steadily rising prices, the company instead will buy six of its own mines in Africa. (THE PAPER — in Chinese)

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