BYD: Road to Dominance of Electric Vehicle/Transport

[TaiShang]

Excellent news for China's EV industry.

Looks like BYD will cross the 100.000 threshold this year.

@cnleio , any plans to internationalize passenger cars just as the public transportation?

BYD should be the new century's General Motors.

 

[Jlaw]

Excellent news for China's EV industry.

Looks like BYD will cross the 100.000 threshold this year.

@cnleio , any plans to internationalize passenger cars just as the public transportation?

BYD should be the new century's General Motors.

yes. the only all electric car that is cheap and common in canada is the "Smart car". Not very smart as it suits two people but the mileage is shit. it's rated 150 km range max but you never reach it before you have to recharge. on cold winter, the range is much lower

 

[qwerrty]

byd is real deal

Tesla Just Keeps Losing Money
http://time.com/money/4437888/tesla-quarterly-loss/

China's BYD forecasts up to 91 percent profit rise for first nine months
http://www.reuters.com/article/us-byd-results-idUSKCN1130G3

tesla hype v.s. byd

 

[Viking 63]

Good products china !!!

 

[terranMarine]

That arrogant fool

 

[ahojunk]

That arrogant fool

.
To be fair to Elon Musk, this video is 5 years old! Many things have changed in 5 years.
It's not fair to post an old video to lambaste Elon Musk.
OTOH it could also mean that BYD has come a long way since then.

The details of your video -
Uploaded on Nov 15, 2011
Elon Musk laughs at BYD e6 - Bloomberg TV. Unique EVUK cropped clip. Nov 2011. EVUK article examines - compares Tesla's shortish battery life expectancy with DBM Energy, BYD ...

 

[TaiShang]

That arrogant fool

Arrogant prick, indeed.

Even though it is a 5 year old video, still, I do not think the arrogant prick has grown in wisdom over the past five years.

@ahojunk

I believe similar phenomena is/was true across the most exceptionalist US company boardrooms.

Not that lazy arrogance is not an asset. It is.

**

http://www.straitstimes.com/lifestyle/motoring/chinese-electric-car-to-be-on-sale-here

 

[Beast]

BYD shall quickly internationalize BYD Tang. It is a very good hybrid SUV. It horsepower is even more powerful than Ferrari. Trying to commercial overseas and capture the other market.

 

[grey boy 2]

China's BYD to start electric bus manufacturing in Hungary
(Xinhua) Updated: 2016-10-11 11:35

(From L to R) BYD Europe's managing director, Isbrand Ho, China's ambassador to Hungary Duan Jielong, Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto and Mayor of Komarom, Attila Molnar attend a press conference in Budapest, Hungary, on Oct 10, 2016. [Photo/Xinhua]

BUDAPEST - Chinese electric vehicle manufacturer BYD is building a bus factory in Hungary, in the northern town of Komarom, which is to be the first of its kind on the European continent, the company and Hungarian officials announced here on Monday.

The project is slated to cost 20 million euros (about $22.4 million), which the Hungarian government is to support with 925 million forints (about $3.4 million).

Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto welcomed the project, pointing out that Hungary has long-standing traditions in bus manufacture, having built thousands for the East European market at one time.

The facility is expected to come online in the first quarter of 2017. It will start with 200 buses a year, Szijjarto said and, according to BYD, will eventually be able to manufacture 400 a year.

The project is expected to create 300 new jobs, Szijjarto added.

China's ambassador to Hungary Duan Jielong said that BYD, which integrates R&D technology and green energy in vehicle manufacture, is devoted to achieving zero emissions in public transport.

Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto speaks at a press conference in Komarom, Hungary, on Oct 10, 2016. [Photo/Xinhua]

BYD Europe's managing director, Isbrand Ho, said the announcement reinforced his company's commitment to the European market.

Hungary was chosen, he said, because of its central location and long-standing tradition of engineering excellence and bus manufacture.

BYD is one of China's largest businesses. Initially specializing in rechargeable battery technology it has become a pioneer in high-efficiency automobiles and an industry leader in electric-powered public transportation.

Hungary expects the project to boost its competitiveness on international markets while contributing to its environmental policy.
http://www.chinadaily.com.cn/business/motoring/2016-10/11/content_27022976.htm

 

[AndrewJin]

BYD is developing the market of Eastern Europe.

 

[Jlaw]

**** Reminds me of J Hungary, the faker

 

[AndrewJin]

BYD Electric Monorail (Skyrail)
will be launched at BYD Headquarter in Pingshan today
60 billion yuan cooperation with China Development Bank

--------------------------------------------------------------------------
BYD Said to Get $8.9 Billion Financing for Monorail Development

• China Development Bank said to extend loan in BYD partnership
• BYD sees monorail as the next growth area after electric cars

The company and lender are scheduled to sign the cooperation deal on Tuesday, according to the people, who asked not to be identified as they’re not authorized to speak to the media. BYD’s shares rose 1.3 percent to HK$52.05 at 1:02 p.m. in Hong Kong trading, while the Shenzhen-traded stock gained 2 percent.

BYD Chairman Wang Chuanfu said in an interview in June that monorail will represent the next major growth area for the electric carmaker given the prospects for the light-rail systems as a solution to urban gridlock for China’s smaller cities, which can’t afford to build and maintain expensive underground subways. BYD is in talks with several cities about building the elevated single-rail tracks, Wang said in June.

The monorail tracks can be built on road dividers and are especially suited for smaller, less-developed cities because they cost one-sixth the price of a subway system and are cheaper to maintain, Wang said. With the number of vehicles growing at an average annual rate of 15 percent in such cities and road space at only 1 percent, these urban areas are on course for the same gridlock gripping major Chinese cities like Beijing if they don’t adopt light transit, he said.

BYD, which counts Warren Buffett’s Berkshire Hathaway Inc. as a shareholder, first made batteries for handset manufacturers before venturing into electric vehicles.

A BYD representative declined to comment, while a spokesman for China Development Bank couldn’t immediately be reached. The Shanghai Securities News earlier reported the loan agreement, without citing anyone.

http://www.bloomberg.com/news/artic...-yuan-bank-financing-for-monorail-development

@Gibbs @Kaptaan @TopCat @UKBengali @el che @PaklovesTurkiye @Tipu7 @simple Brain @Götterdämmerung @Mista @eldarlmari @coffee_cup @waz @Arsalan @Dungeness @Two @bolo @Echo_419 @Darmashkian @Pluralist @Khan_21 @AZADPAKISTAN2009 @endyashainin @PaklovesTurkiye @Two @AViet @anant_s @PARIKRAMA @Shotgunner51 @endyashainin @eldarlmari @TopCat @alaungphaya @Ankit Kumar 002 @maximuswarrior @Huan @LA se Karachi @BDforever @Three_Kingdoms @T-123456 @somebozo @Maira La @Nilgiri @terranMarine @Jlaw @Dandpatta @Philia @cirr @ahojunk @powastick @grey boy 2 @Malik Abdullah et al

 

[AndrewJin]

Let's wait for more photos for today's launch ceremony ！

80 km/h
1/5 of subway investment
1/3 of construction time

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BYD to branch out into monorail in smaller Chinese cities

Electric-car maker BYD Co. is in talks with local officials in several of China’s smaller cities to build monorail systems amid concerns that the rapid growth in automobile ownership will worsen traffic congestion in urban areas, Bloomberg reports.

Monorail systems are a potential 3 trillion yuan (US$450 billion) market in China, based on an average 70-kilometer (44 miles) network in each of an estimated 300 cities, and will become a new major growth area for the company, the report quoted chairman Wang Chuanfu as saying.

The elevated single-rail tracks can be built on road dividers and are especially suited for smaller, less-developed cities because they cost one-sixth the price of a subway system and are cheaper to maintain, Wang said.

With the number of vehicles growing at an average annual rate of 15 percent in such cities and road space at only 1 percent, these urban areas are on course for the same gridlock gripping major Chinese cities like Beijing if they don’t adopt light transit, he said.

“Many third- and fourth-tier cities have approached us to discuss monorail,” Wang told Bloomberg in an interview.

“For many of these cities facing traffic congestion and financial constraints, if you can’t go underground, you have to go above.”

After leading BYD to top electric vehicle sales in China, Wang is steering the company into monorail as an area where he sees high barriers to entry and fewer competitors.

“BYD is taking advantage of its relationships with municipalities and the know-how in urban public transport that it’s built through the years marketing electric buses,” said Steve Man, an auto analyst with Bloomberg Intelligence.

“The foray into electric monorail expands the company’s electric propulsion and battery businesses.”

BYD’s competitors in monorail-making will include Bombardier Inc. and Hitachi Ltd., Wang said.

BYD will utilize its core technology in electric vehicles, batteries and materials to build the monorail systems, which will be paid for by local governments, he said.

The company will begin operating a 4.4-kilometer line at its base in Shenzhen in September, he said. An eight-carriage train will be able to carry about 1,600 standing passengers.

 

[艹艹艹]

 

[AndrewJin]

I can imagine 10 years later, such system is everywhere in China's small cities and county towns.

BYD has signed a contract with Shantou City worth 50 billion yuan.
BYD has planned more than 50km monorails in Pingshan New District of Shenzhen.
BYD has consulted with 20+ cities.....

目前，比亚迪已与汕头市达成合作，协议金额约500亿元。今年6月，坪山新区也已与比亚迪在云轨规划和建设方面达成合作，建设总规划里程不少于50公里的跨座式单轨。公司已与20余个城市接洽，未来中山等地项目也将陆续落地。

BYD Shantou Monorail Industrial Park will start construction late this year in Shantou City
First phase investment 12 billion yuan