CleanTechnica•about 1 month ago
BYD Gets About Twenty Patents a Day, Adding up to 50,000 Technologies Already Authorized
Key Takeaway
BYD's aggressive patenting and rapid market penetration in New Energy Vehicles highlight accelerating advancements in battery technology and EV adoption, creating both demand-side challenges and opportunities for grid infrastructure and storage solutions relevant to developers and large power consumers.
AI Summary
- •BYD is aggressively expanding its New Energy Vehicle (NEV) market, establishing 41 dealerships and selling 10,000 NEVs in the Philippines within two years.
- •The company demonstrates significant R&D investment, securing approximately 20 new patents daily and accumulating 50,000 authorized technologies, likely encompassing battery and EV powertrain innovations.
- •This rapid NEV adoption and technological advancement will drive increased electricity demand, necessitating new charging infrastructure and potentially offering opportunities for grid integration and stationary storage solutions for large power consumers and developers.
Topics
emissionsoemstorage
Article Content
In two days, BYD Philippines will be launching another dealership in the Philippines, bringing it to a total 41 dealers in just two years. The company has sold some 10,000 new energy vehicles in the past two years, and before the end of the year it is on track to ... [continued] The post BYD Gets About Twenty Patents a Day, Adding up to 50,000 Technologies Already Authorized appeared first on CleanTechnica .