BYD secures lithium discount after buying stake in Chinese lithium miner

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BYD has become the second automaker to take a stake in a major lithium miner, with a RMB 3 billion deal to acquire 5% of Shenzhen-listed Chengxin Lithium, in a move that secures supplies of the battery raw material following a surge in prices. China’s largest electric carmaker said the deal was made after it […]

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