BYD told shareholders at an extraordinary meeting on Sept 29 it views
semiconductors and software as potentially more important than batteries in the
second phase of EV intelligentization. The company said it has moved from
lacking a battery advantage to achieving global leadership. It said
semiconductors cut across industries and will be critical to cost and technology
as EVs become more intelligent. BYD added it will not be merely an assembler and
must master core technologies beyond batteries.
