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China's BYD Auto and Volkswagen have confirmed that they will cooperate on the development of lithium iron phosphate batteries. That's according to Gasgoo.com, which based its account on a recent story in the Beijing News.


"BYD is willing to cooperate with foreign automakers on iron battery development," BYD sales manager Wang Jianjun reportedly told the newspaper, which added that BYD is "in talks with a number of foreign companies on supplying them with battery products."


Iron-phosphate is one of several battery technologies that the automobile industry is developing. The technology offers a relatively low-cost alternative to other types of lithium-ion batteries.
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Tags: BYD, China, Hybrid, Japan, Plug-ins and Electric, Volkswagen, BYD Auto, Chinese Auto Industry, Hybrid Batteries, Hybrid Vehicles, Iron Phosphate Batteries, Japan, Lithium Ion Batteries, Shanghai Auto Show, Volkswagen

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China's BYD Auto And Volkswagen Reportedly Have A Battery Deal In Place was originally published by Green Car Advisor. Read the full story by clicking here.