BYD Auto, based in Xi’an, Shaanxi Province China, sometimes referred to as China’s Tesla. The Chinese automaker and electronics company have been at the forefront of battery storage technology and solar power, providing it an edge. Berkshire Hathaway has a 10% shareholding in the company and Samsung invested around $449M for its rumored 4% shareholding. The company’s “Green Mobility” electric vehicle strategy is guided by it’s the 5-4-2 performance standard. Where 5 represents the maximum of 5 seconds acceleration from 0 to 100km/h (0-62 mph), four is for the number of wheels under power, and two is for fuel efficiency, determining the number of liters of gasoline maximum consumed for every 100 km traveled in a BYD car. The BYD Tang is the first vehicle produced according to the standards.
The BYD Yuan SUV will get an EV version, the BYD Yuan EV in the second half of 2016. BYD was the biggest EV maker in the world for 2015. Has a 7+4 strategy, where 7 is all the modes of transport and four all other off-road battery sectors.
BYD sold over 114,000 vehicles in total fro 2016, of which 100,000 were New Energy Vehicles. The darling of the EV sector took a beating in the first half of 2017 as competition from JAC and BAIC added to operational woes. Underperformance forced management to focus on reshaping customer experience and service.
BYD EV MODELS
BYD SONG 7 PHEV 2018
BYD Auto EV Sales
BYD ELECTRIC CARS IN THE NEWS
2017 Week 25 - BYD spins out battery division
SAIC, the state-owned top four Chinese auto manufacturer and CATL, top lithium battery manufacturer, this week established two joint venture companies in a bid to challenge Tesla’s dominance in the EV and Battery sectors. CATL and SAIC will play to their strengths in the separate JVs with CATL focusing on battery technology and SAIC on drive train development.
In a similar vein, BYD, the top selling EV manufacturer in China for two years running has spun its battery division into a separate entity allowing it sell batteries to other Chinese and international auto manufacturers.
2017 Week 23 - BYD will bring a 7 seater SUV PHEV in 2018
BYD will bring a seven seater electrified SUV to market in 2018 named the Song 7, as it seats 7 people.
2017 Week 16 - BYD unveils BEV Song SUV version
At the Auto Shanghai Show, BYD revealed that it will bring a pure electric version of the Song SUV. The new model is named the Song EV300, a midsized SUV. The Song EV300 will have a range of 300km (188miles). Other specifications are as follow:
Acceleration: 0-100 km / h in 8.9s
Maximum power: 160 kW (218 bhp)
Max. Torque: 310 Nm and Charge time 0-70%: about 45 minutes
The company will also bring a plug-in hybrid version, the Song DM using dual engine technology. It is expected that the Song EV300 will be released in the second quarter of 2017. The Song DM with a 2.0L Turbo engine will have an electric range of over 100km (62mi).
2016 Week 45 - Electric Garbage Truck
1. The Electric Vehicle revolution is spreading to more vehicle types with both BYD and Vespa announcing exciting new all-electric vehicles this week. BYD USA introduced a 3.9 ton Garbage Truck in Phoenix this week. The truck is equipped with an 188kWh battery providing a 100-mile range and promises a 58% reduction in operating cost. Added benefits include less noise and air pollution in neighborhoods.
The scooter icon Vespa joined the electric motorcycle segment with its first all-electric scooter. The Elettrica Concept was unveiled at the Milan Motorcycle Show with production expected by late 2017.
2016 Week 35 - UBER partnership with BYD and Nissan in London
2. UBER announced on Wednesday that it would start a 3-month programme, observed by The Energy Saving Trust, to test the use of pure electric vehicles as Uber Taxies. Uber will partner both Nissan and BYD who will provide 20 Nissan Leaf’s and around 30 BYD e6s. The company already has many Toyota Prius owners providing the service and has partnered with other manufacturers, such as BMW who supplied 50 BMW i3’s for its South African fleet.
2016 Week 28 - Samsung acquire shares in BYD
1. Samsung announced this week that it would acquire a shareholding in BYD. The stake is rumoured to be in the region of 4% for an investment of $449 million, although both companies declined to comment. BYD is currently in the process of raising $2.3 Bln in share capital. Warren Buffet is already a 10% shareholder in BYD, China’s electric vehicle leader and commonly dubbed the Tesla of China.
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