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As mentioned earlier, the current price of battery raw materials has been on an upward trend. In this situation, whoever can reduce battery costs has the market initiative. According to data from the China Chemical and Physical Power Industry Association, the current market quotation for lithium iron phosphate battery cells is about 0.7 yuan/Wh, while the quotation for ternary battery cells is around 0.9 yuan/Wh. If BYD's "blade battery" is reduced by an additional 30% based on the market average quotation, which is approximately 0.49 yuan/Wh, then the cost of using a 60KWh battery pack for "blade battery" will be 18600 yuan lower than the average market price for ternary batteries.

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