Shenzhen-based electric vehicle giant BYD (aka Build Your Dreams), the world’s second-largest EV-maker, recently made a stunning announcement that it will no longer use cobalt in any of its vehicles. Instead, the company is going all-in on LFP (lithium-iron-phosphate) batteries in place of NCM (nickel, cobalt, manganese) across its entire model line-up.
- Get a daily email packed with the latest China-Africa news and analysis.
- Read exclusive insights on the key trends shaping China-Africa relations.
- Connect with leading professionals on the China- Africa Experts Network.