China’s BYD considering lithium battery plant in Argentina, foreign minister says

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BYD is considering building a lithium battery plant in Argentina, with potential investment tied to the country’s lithium value chain and energy storage. Foreign Minister Pablo Quirno discussed the opportunity with BYD executive vice-president Stella Li, but the company has not disclosed a decision, location or investment amount.

BYD is studying whether to manufacture lithium batteries in Argentina, Foreign Minister Pablo Quirno said on Thursday after meeting Stella Li, the Chinese electric vehicle maker’s executive vice-president. According to Quirno, the company was looking at “investment opportunities in Argentina linked to the lithium value chain, particularly in the production of batteries and energy storage systems”. He did not say how much BYD might spend or where the factory could go. The minister tied the talks...