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Regulatory documents show that Mercedes-Benz will use BYD batteries in new hybrid models

According to a regulatory document, Mercedes-Benz will use batteries from BYD's battery unit FinDreams in the hybrid version of its GLC SUV。

<p><img src="https://hawk-oss.hawkinsight.com//picture//202405/1163542841_974.jpg" style="width: 100%;">According to regulatory documents, Mercedes-Benz will use batteries from BYD's battery unit FinDreams in the hybrid version of its GLC SUV。(Mercedes has applied to use BYD batteries in the hybrid GLC SUV。Photo source: Ministry of Industry and Information Technology website) BYD's batteries will be used in the new hybrid models of German luxury car manufacturer Mercedes-Benz, which shows that BYD's batteries are being used by more external customers。China's Ministry of Industry and Information Technology (MIIT) announced on May 11 the latest catalog of models that will be allowed to be sold and publicly solicited for comments, and hybrid models of Mercedes-Benz GLC SUV (sports utility vehicle) have been included。Members of the public can submit feedback between May 12 and May 17.。Entry into the catalog is the last major regulatory process before a model is approved for sale in China。|Join our Telegram to receive news immediately. The manufacturer of this model is Beijing Benz, a joint venture between Mercedes-Benz and Beijing Automobile. The production location is in Beijing Economic and Technological Development Zone。Using lithium iron phosphate (LFP) batteries, the suppliers of batteries and battery components are Qinghai Fenmeng Battery Co., Ltd.。Qinghai FinDreams is 100% owned by BYD's battery subsidiary FinDreams Battery, according to a data provider.。The filing page does not contain the capacity or mileage information of BYD battery pack。This is the first time we have seen that Mercedes-Benz will use BYD's batteries, although not in pure electric vehicle (BEV) models。In September 2023, the Chinese media CBEA quoted an unspecified "media report" as saying that the production model of Mercedes-Benz Concept CLA Class will be launched in 2024 and is expected to be powered by BYD lithium iron phosphate batteries..The CBEA report did not mention which media had originally reported the incident, and CnEVPost was unable to find any Chinese or English media reports that may have been the original source.。BYD Forges Partnership With Mercedes-Benz。In February 2011, BYD and Daimler set up a 50: 50 ratio, which is the first Sino-foreign joint venture focused on new energy vehicles.。In February 2022, the Daimler brand changed its name to Mercedes-Benz。BYD to increase its stake in Tengshi to 90% later in 2022。BYD is China's second-largest power battery manufacturer after the Ningde era, but its batteries mainly supply its own new energy vehicle models, including plug-in hybrid electric vehicles (PHEV) and pure electric vehicles。On May 7, Reuters reported that NIO (NYSE: NIO) has reached an agreement with BYD to purchase batteries for its low-cost electric vehicle sub-brand Onvo (China's Ledao)。Reuters, citing two people familiar with the matter, reported that BYD will supply a smaller battery pack for a new electric car from Onvo.。According to data from the China Automotive Battery Innovation Alliance (CABIA), BYD's power battery installed capacity in China in April was 9.95 GWh to 28.37% share ranked second, behind the Ningde era of 44.65%。</p>

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