The announcement continues the sine-wave-like quality of BYD's new announcements, which appear to take either a decidedly positive or negative quality. Last summer, the city of Los Angeles signed a contract for as many as 25 electric buses. By November, however, reports were surfacing about electric buses developing frame cracks during their testing period. Last month, BYD said its buses were tested to last as long as 30 hours in city driving (New York City, to be precise) before needing a recharge, but February was the month we learned that BYD's agreement for London taxi company Green Tomato Cars to order 50 all-electric BYD e6 sedans fell through.
For the most recent happy news, though, check out BYD's press release on the Dalian agreement below.
DALIAN, China--(BUSINESS WIRE)--1200 zero-emission, electric buses made by BYD Company Ltd will soon hit the streets of China's "Bright Northern Pearl", Dalian. Dalian's municipal government has signed a cooperative agreement with global electric vehicle and battery leader, BYD. The agreement stipulates the purchase of 600 BYD electric buses in 2014 and another 600 in 2015, totaling 1200 units. BYD took the opportunity at the signing event to announce the opening of a new electric bus manufacturing facility in the Dalian Huayuankou Economic Zone to service the growing needs of northern China. The agreement also mentions a conversion initiative of more than 50% of new purchased taxis in Dalian to new energy vehicles in support of the "new energy vehicles promotion and local environment improvement" initiative.
At the event with Liaoning Province Governor Zhenggao Chen, BYD Founder and CEO Chuanfu Wang introduced company milestones, R&D capabilities and products including the electric bus and fully electric e6 SUV being used worldwide in fleet applications. He also took the chance to talk about BYD's latest consumer offering – the break-through, plug-in-hybrid, Qin. Chairman Wang highlighted operational statistics of the BYD electric fleets now totaling over 175 million Km traveled (~111 million miles in revenue service) and operating in many cities including recent projects in London, England and New York City. A key message from the BYD Chairman was that this technology is not just environmentally friendly, but very efficient and profitable for the operators as witnessed in the Shenzhen fleets. Zhenggao Chen, Governor of Liaoning province, expressed his view that BYD is a pioneer in the aspect of new energy vehicles, and is confident BYD will seize the opportunity to develop and keep mastering the core technologies for new energy vehicles to keep winning the war combating poor air quality.
BYD Company Ltd. is one of China's largest companies to have successfully expanded globally. Specializing in battery technologies, their green mission to "solve the whole problem" has made them industry pioneers and leaders in several High-tech sectors including High-efficiency Automobiles, Electrified Public Transportation, Environmentally-Friendly Energy Storage, Affordable Solar Power and Information Technology and Original Design Manufacturing (ODM) services.
As the world's largest manufacturer of rechargeable batteries, their mission to create safer and more environmentally friendly battery technologies has led to the development of the BYD Iron Phosphate (or "Fe") Battery. This fire-safe, completely recyclable and incredibly long-cycle technology has become the core of their clean energy platform that has expanded into automobiles, buses, trucks, utility vehicles and energy storage facilities. BYD and all of their shareholders, including the great American Investor Warren Buffett, see these environmentally and economically forward products as the way of the future.
BYD has made a strong entrance to the North, Central and South American markets with their battery electric buses, and lineup of automobiles. Their mission lies not just in sales growth, but also in sociological integration and local job creation as they have poured incredible investments into developing offices, dealerships and manufacturing facilities in the local communities they now call home, truly a first for Chinese companies. For more information, please visit www.byd.com/pv/ or www.facebook.com/bydcompany.