BYD-Powered Tesla Model Y Approved by the EU

The new BYD-powered Tesla Model Y has reportedly received EU approval, granted by the Netherlands Vehicle Authority (RDW) according to a German auto portal

Related: BYD will Soon Start Supplying Tesla with its Batteries

There were numerous reports regarding a collaboration between BYD and Tesla, while media reports indicated that Tesla powered with BYD Blade batteries would arrive in the second quarter of 2022. Earlier this month, first supplies of BYD’s Blade batteries were also reportedly delivered to Tesla’s Gigafactory in Berlin, Germany with Model Y being the first Tesla model to be equipped with the state of the art Blade batteries.

The new entry-level Model Y is referred to as ‘Type 005’ and is internally known as the ‘Y7CR’ variant. Its battery capacity is 55 kWh with cruise range of 440 km. The weight of the new Tesla Model Y is 2,087 kg, which is 66 kg less than the previously certified Model Y with a 60 kWh LFP battery pack.

Related: BYD Seal Witnesses 110,000 Units Sold in 1 Month in China

At present, Tesla’s major battery suppliers are LG Energy Solution, Panasonic, and CATL of China. Last year, Tesla became CATL’s largest single customer by purchasing 1.9 billion USD worth of batteries. As of April 2022, the domestic market share of BYD batteries in China increased to 32.18%, while CATL is still ranked first with 38.28% of the domestic market share.

byd blade

Right now, BYD is gaining great momentum in the battery market. Earlier in June 2022, BYD was reportedly looking to purchase 6 African lithium mines, which can meet its battery needs for the next 10 years. Furthermore, EV makers NIO and Xiaomi both signed a cooperation agreement with BYD’s wholly-owned battery company, Fudi Battery, to use BYD’s Blade battery.

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