BYD says fate of lithium project is in hands of Chile government

BYD said the timing of its lithium project in Chile remains up in the air as the Chinese electric vehicle juggernaut continues to negotiate with authorities in the South American nation.

In April last year, BYD was granted access to preferential prices for lithium carbonate produced by Chile’s SQM to feed a plant that would start making lithium iron phosphate for cathodes by the end of 2025.