CleanTechnica•about 2 months ago
BYD Launching Product Updates at the Speed of Cell Phones
- •BYD is significantly accelerating its product development cycles, introducing major capability and technology upgrades multiple times a year, mirroring the rapid pace of the cell phone industry.
- •This rapid iteration, likely in battery technology and energy storage systems (ESS), suggests faster technological advancement and potential cost reductions for developers and large power consumers.
- •The accelerated pace implies a shorter obsolescence cycle for current energy technologies and a need for developers to integrate future-proof designs or flexible procurement strategies.
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