Core Viewpoint - BYD is entering the two-wheeler and three-wheeler battery market, aiming to reshape the electric bicycle market landscape with its new product launch and strategic partnerships [1][2]. Group 1: Market Entry and Strategy - BYD will hold a product launch event for its two-wheeler and three-wheeler batteries on May 17, signaling its full entry into this market [1]. - The company has established partnerships with several well-known two-wheeler and three-wheeler brands, including New Day, Huaihai (Zongshen), and LIMA, to provide battery solutions [4]. - BYD's strategy includes a dual approach of "technology output + ecosystem co-construction" to establish a comprehensive industry chain in the low-speed vehicle market [6]. Group 2: Product Development and Features - BYD's subsidiary, Fudi Battery, has developed a 48V15Ah product using lithium iron phosphate technology, emphasizing safety, long cycle life, and good temperature performance [3]. - The new batteries are designed to meet automotive-grade safety standards, featuring high stability, long cycle life, and performance in extreme temperatures [7]. - The battery management system will enable full lifecycle monitoring and risk warning, enhancing vehicle and battery status control [7]. Group 3: Market Potential and Future Outlook - The global electric two-wheeler shipment is expected to reach 70 million units in 2024, indicating significant market demand for lithium batteries [6]. - With the introduction of automotive-grade safety standards in the two-wheeler market, a profound technological transformation is anticipated, leading to a reshuffling of the market landscape [8].