#BYD

BYD is studying whether to manufacture lithium batteries in Argentina, Foreign Minister Pablo Quirno said after meeting the company's executive vice-president Stella Li. The company is looking at investment opportunities in the lithium value chain, particularly for battery and energy storage production. No investment amount or factory location has been disclosed.

Multiple energy storage fire and explosion incidents occurred in 2026, including a 21.6MW solar-storage plant in Prince Edward Island and a facility in Southern California. Envision completed a 64MWh station-level fire test—the largest in the industry—with flames burning for 9 hours before self-extinguishing, while adjacent cabinet cell temperatures stayed below 50°C.

Against the backdrop of US-China strategic stalemate, Chinese analysts advise firms to diversify trade and develop sanctions-evasion tools as US trade controls expand. Observers note the absence of a business delegation accompanying Xi to Washington may reflect China's insecurity about the trading relationship. A China-EU trade resolution is hoped for by mid-October, with further tensions looming if talks fail.