Tesla's Megafactory in Shanghai will likely manufacture Megapack, which is the company's energy-storage battery.
Like its rival Tesla, BYD makes and sells a range of products alongside its electric vehicles, from solar panels to buses.
Tesla is rumored to have signed a battery cell supply agreement with EVE Energy, a Chinese battery cell manufacturer.
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Raw materials were successfully passed through the refinery’s kiln for the first time, the company announced on X.