BYD, the China-based vehicle maker that's repeatedly delayed the debut of its battery-electric vehicles for the U.S. market, has sold three of its EVs to the Thai utility company that supplies power to Bangkok as part of an effort to promote EV vehicle use in the country. Power company MEA cited BYD's leadership role in EV production and Thailand's need to adopt more green transportation as the reason behind the purchases.
A year ago, Thailand flooding killed more than 800 people and devastated its automobile production industry, including companies like Toyota and Honda. Before the floods, Thailand was the world's 12th-largest automotive producer, with about 1.6 million vehicles built in the country in 2010. Because of the flood, any efforts promote the production of more fuel efficient cars and, in some cases, vehicles with advanced powertrains, were held back.
BYD has been testing its all-electric e6 with Shenzhen, China taxi operators for more than two years. The company has also sold about 200 battery-electric buses worldwide. BYD, whose investors include Warren Buffett, was testing its EVs in Los Angeles as early as 2010 and had previously set U.S. launch dates for 2010, 2011 and 2012. BYD opened its North American headquarters in Los Angeles late last year.
SHENZHEN CHINA - Sep 7th, 2012: Recently, MEA, the Thailand power company, has placed an order for 3 pure electric vehicles from BYD. This is BYD's first new energy vehicle business order in Thailand, adding a new domain for its global business area.
MEA is one of the three largest power companies in Thailand, mainly provide power supply for the capital Bangkok and two other nearby provinces. BYD will supply 3 pure electric vehicles and ancillary charging devices to MEA, to promote the development of electric vehicle industry in Thailand, also introduce BYD's Green City Solution and laid a strong foundation for Thai intelligent cities building.
At present, electric vehicles are generally not mass launched in Thailand. After recognizing that BYD's pure electric taxis have been successfully operating in Shenzhen for more than 2 years, MEA, who realizing the development trend of pure electric vehicle, rapidly showed great interests. The 3 purchasing electric vehicles are maybe used for the executive business cars for MEA senior leadership, to enhance its public image for green and environment protection.
MEA executive said, BYD is a pragmatic company, with the benefiting humankinds green career who focusing on electric vehicle industry.BYD has the world leading research, development and manufacturing strength on pure electric vehicle. Cooperation with the BYD reflects our common green ideas. We will keep the close relationship with BYD, to promote the development of electric vehicle, energy storage, and solar power industry in Thailand.
BYD e6 electric taxi, as the world's largest pure electric taxi team with launching up to 300, has been successfully operating in Shenzhen for over 2 years, which driving range achieve 24,380,000 kilometer. Electric buses also have launched more than 200, successfully running in Shenzhen, Changsha, Xi' AN, Shaoguan and other cities, which fleet footprints overseas present in many cities and regions.
The e6 order this time is BYD's huge breakthrough in Thailand, which opening up a whole new market for new energy products. Mr. Liu, the director of BYD Asia - Pacific Auto Sales, said, BYD is a company focusing on new energy industry. Our products have not only pure electric cars, electric buses, but also solar products and energy storage station. Our storage products based on the world's leading Fe battery technology, which have been successfully applied in the projects of Nation Grid and China Southern Power Grid. The cooperation with MEA this time is quite smoothly. We look forward for more multi-faceted cooperations with MEA in energy storage, solar power and other fields for Thailand's intelligent city and green future.
BYD is ranked #1 at the top of Bloomberg's and Business Week's 2009 Tech 100 List (http://www.businesswire.com/news/home/20100520006751/en/BYD-Tops-Bloomberg-Busi nessweek% E2%80%99s-12th-Annual-Tech ) and is the leading manufacturer of advanced, environmentally-friendly battery technologies like the BYD's Iron Phosphate battery used in BYD electric vehicles and electric buses. BYD's solar panels and LED Lighting systems have CEC, TUV/CE and UL listings, and the company enjoys rapid growth in consumer electronics space and electrified transportation sector manufacturing under its BYD brand. BYD is the fastest-growing Chinese automotive and green energy technology enterprise. The Company trades on the Hong Kong Exchange (HKE) under the ticker numbers (HK.0285 – BYD Electronics) and (HK.1211 – BYD Company Ltd.), as well as on the Shenzhen Stock Exchange under the ticker number (002594 - BYD Company Ltd.). For more information, visit www.byd.com , www.facebook.com/bydcompany or email email@example.com .