In response to reports, American electric vehicle manufacturer Tesla stopped cooperation, and China's electric vehicle giant BYD responded that it was false news and did not match the actual situation.

According to the surging news report, there have been reports before that Tesla has decided not to use the BYD battery in China.

Reuters reported on Tuesday (March 14) that the South Korean Economic Daily quoted industry sources that earlier this year, Tesla and BYD's supply agreement expired, Tesla did not askBYD continues to supply batteries for some Tesla Model 3 cars, that is, Tesla no longer uses BYD's battery.

South Korea Economic Daily said that it may be considered factors such as the problem of blade battery itself, the United States related subsidies related to electric vehicles, and the competition between BYD and Tesla.Request to continue to supply.

It is reported that Tesla's dependence on LG energy will become stronger and stronger.Tesla uses LG energy and Ningde era in Europe and uses Panasonic products in North America. These companies may fill BYD's vacancies.At the request of Tesla, the LG energy solution is accelerating the development of lithium iron phosphate batteries for electric vehicles, because Tesla's upcoming cheaper models have greater demand for lithium iron phosphate batteries.

BYD and Teslada's cooperation began in 2022.It was reported at the time that BYD provided 10GWH batteries for Tesla European models, and Tesla models equipped with blade batteries have entered the test stage.

Later, Lian Yubo, executive vice president of BYD Group, mentioned in an interview with CCTV that "BYD respects Tesla and is also a good friend with Musk.P>