President Biden's goal of transitioning the country from gasoline-powered vehicles to electric cars is fraught with challenges from sticker shock for consumers to the knotty logistics of recharging batteries.
Benchmark Mineral Intelligence has elevated Chinese lithium-ion battery cell and automaker BYD to Benchmark’s top tier EV battery cell manufacturer status joining CATL, Envision AESC, LG Energy Solution, Panasonic, Samsung, and SK Innovation as tier one cell manufacturers. BYD is only the second Chinese lithium ion cell producer to reach.