These developments include securing lithium mining rights in Brazil and achieving a breakthrough in solid-state battery technology. As reported by Reuters, which discovered new documents, BYD has secured mineral rights to two plots of land in Brazil through its subsidiary Exploracao Mineral do Brasil.

The technology behind electric vehicle batteries is constantly evolving, and the next big thing in the field are solid state batteries. As Car and Driver explained, the advantages of solid state batteries are twofold,

Advanced solid-state batteries could eventually reach price parity with current batteries. BYD’s mid and high-end electric vehicles will be the first to use the new battery technology. Several other Chinese brands and legacy automakers are also developing the tech.