#BYD Plans to Seek #Lithium Supply to Curb Rising #Battery Cost

BYD Co., #China’s largest electric car and bus manufacturer, plans to obtain supplies of #Lithium to guard against spiraling costs of the raw material used in vehicle batteries, amid rising pressure on automakers to lower prices.

Read more at: http://www.bloomberg.com/news/articles/2016-03-31/byd-plans-to-secure-lithium-supply-to-curb-rising-battery-costs

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