The launch of BYD's plug-in vehicles has not gone as planned. The Chinese company's all-electric e6 has been delayed in the U.S. (in part because of a lack of infrastructure, the company says) and the plug-in hybrid F3DM did not sell well at all. In the recent past, profits tumbled and EV production plans were scaled back.
Still, the Warren Buffett-backed company is moving forward, and the e6 went on sale Wednesday to the public in China. The Chinese news agency Xinhua reported that the car costs over 300,000 yuan ($47,166 U.S. at current exchange rates). That may be high, but BYD is still claiming impressive specs for its iron phosphate battery-powered car: a range of up to 186 miles in urban conditions and a fast recharge time of just 40 minutes using a 100kW fast charging station. Throw in a top speed of 87 miles per hour and some big government incentives to go electric, and we wonder if this could be the vehicle that turns BYD's dreams around.
Still, the Warren Buffett-backed company is moving forward, and the e6 went on sale Wednesday to the public in China. The Chinese news agency Xinhua reported that the car costs over 300,000 yuan ($47,166 U.S. at current exchange rates). That may be high, but BYD is still claiming impressive specs for its iron phosphate battery-powered car: a range of up to 186 miles in urban conditions and a fast recharge time of just 40 minutes using a 100kW fast charging station. Throw in a top speed of 87 miles per hour and some big government incentives to go electric, and we wonder if this could be the vehicle that turns BYD's dreams around.
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