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BYD: Road to Dominance of Electric Vehicle/Transport

Suncore launches BYD’s electric bus in Korea

Published: 2017-03-07 16:13
Updated: 2017-03-07 16:13

Suncore said Tuesday it has launched the electric bus “eBUS-12” manufactured by China’s electric-car maker BYD.

The company, in charge of the electric bus’ distribution here, held a launching ceremony attended by officials of the Environment Ministry and relevant industries.

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BYD’s eBUS-12 (Suncore)

The eBUS-12 has greatly reduced the costs of maintenance through highly efficient battery that does not have to be exchanged as often as before to last as long as 11 years, Suncore explained. It has also decreased the chances of explosion or catching fire as its lithium iron phosphate battery is more heat-resistant.

“We will work closely with BYD not only to promote the sales of eBUS-12, but to provide rapid and smooth services for the customers,” Suncore said in a statement.

http://m.koreaherald.com/view.php?ud=20170307000902#cb



More likely NONE.
This is something we need here in Pakistan.
 
Goodbye Samsung SDI, LG Chem and SKI :D:D

Operations halted at SK Innovation’s China electric vehicle battery plant

YESTERDAY

by: Tom Hancock

An electric vehicle battery plant in China jointly-owned by South Korean conglomerate SK Innovation has been closed since January, the company said, making it the latest South Korean battery maker to run into troubles in China as Beijing boosts domestic producers.

The company confirmed the halt in operations to the Financial Times on Friday, after local media reported the closure. The plant was a joint-venture with two Chinese companies in which SK Innovation owns a roughly 40 per cent stake. SK said its Chinese partners had decided to halt production but had not provided a clear explanation, write Tom Hancock and Kang Buseong.

Trade tensions between South Korea and China have spiked in recent months over Thaad, a US-designed missile defence system being installed by Seoul, with Beijing pressuring South Korean businesses. But SK Innovation said “we don’t think that the decision is just because of China’s economic retaliation out of Korea’s Thaad deployment”.

South Korean media reported that the China plant, which assembles battery cells produced in Korea, generates annual revenues of about Won50bn ($45m), and said the production halt was due to Chinese regulations favouring domestic producers, which slowed orders at the end of last year.

China last year released a list of companies allowed to supply batteries in the country which excluded foreign manufacturers. That has disappointed South Korea’s Samsung SDI and LG Chem, who both opened large battery plants in China in hopes of serving the country’s EV market — the world’s largest.

Meanwhile Taiwanese Apple assembler Foxconn announced this week it would invest approximately $145m for a 1.2 per cent stake in China’s fastest growing electric vehicle battery manufacturer, Contemporary Amperex Technology (CATL), in what it called a “long term investment”. :-)The deal values the privately-owned company at about $12bn.

https://www.ft.com/content/3dd292d8-f197-3e8a-b84d-83958aa90aac
 
the production halt was due to Chinese regulations favouring domestic producers, which slowed orders at the end of last year.

China last year released a list of companies allowed to supply batteries in the country which excluded foreign manufacturers.

That's proactive selective protectionism of strategic and nascent industries. Koreans and Japanese have also been protecting strategic industries. China's choice of domestic producers is logical and anticipated.

Meanwhile Taiwanese Apple assembler Foxconn announced this week it would invest approximately $145m for a 1.2 per cent stake in China’s fastest growing electric vehicle battery manufacturer, Contemporary Amperex Technology (CATL), in what it called a “long term investment”. :-)The deal values the privately-owned company at about $12bn.

One Chinese company investing in and cooperating with another Chinese company. Of course, that's all fine for Beijing. :enjoy:
 
Those 2 have a bad troll complex....and they think no one realises this hypocrisy when they complain about Indian trolls.

Let them be...probably still mad about continued perception/stereotyping of china world over (I had to deal with a particularly vicious one in real life just recently - it would probably make these guys burst a vein)....or maybe their lives are just that miserable to begin with. Who cares?

Its always best to interact with the humble knowledgeable Chinese compared to the arrogant twats....who drag India out of the blue to feel better about their own pathetic existence.
Away from them. Let's keep a happy mood.
I'm glad to see that BYD is investing in India.

Chinese electric car maker BYD to invest $2bn in Indian battery plant
 
Away from them. Let's keep a happy mood.
I'm glad to see that BYD is investing in India.

Chinese electric car maker BYD to invest $2bn in Indian battery plant

Yes there is much win-win going on:

http://telanganatoday.news/goldstone-to-make-electric-buses

I am also very happy to see a huge and deep cooperation in the solar sector between India and China (more than anything else I know). It will play a big role in bringing India to 100% electrification by about 2020....and could be as early as 2018 according to some projections.

Chinese investors and business people who come to India are always very humble people, because they saw what China was like before and where it is today....and no doubt they can understand that's the transition India also wants....so they interact in way that is quite different from people from developed countries who did not grow up with this.
 
That's proactive selective protectionism of strategic and nascent industries. Koreans and Japanese have also been protecting strategic industries. China's choice of domestic producers is logical and anticipated.



One Chinese company investing in and cooperating with another Chinese company. Of course, that's all fine for Beijing. :enjoy:
BYD is unstoppable in this century!
 
BYD is reportedly considering a proposal to demerge its battery business which is likely to fetch a value higher than the whole of the listed automaker at the moment. :D

Interesting. BYD is clearly Considering the fast emerging UHV grid development in China and in East Asia, along with proposals and agreements to promote regional grid network, this would be a good decision.

Storage is an essential part of grid development, especially grid connected to clean energy resources.
 
Green Mountain Transit tests electric bus

BY ALICE DUBENETSKY

APRIL 6, 2017

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BURLINGTON — Green Mountain Transit riders will soon see a new and different vehicle making the rounds. GMT is testing a 40 foot battery-electric transit bus. The bus is manufactured by BYD Company, an innovative firm that manufactures automobiles and rechargeable batteries, headquartered in China. The GMT bus is the first of its kind in the United States to operate in a transit service. It utilizes BYD’s Iron-Phosphate battery, produces no emissions and can has a 160 mile range on a single charge.

The bus will be used thought GMT’s transit system, including the Middlebury LINK express line between UVM and Merchants Row in Middlebury. The route has stops in Shelburne, Ferrisburgh and Vergennes so there will be plenty of opportunities to observe the experimental vehicle. The new bus is not equipped with a fare box, so riders can hop on for a free ride.

GMT is testing the new bus in partnership with the Burlington Electric Department, which has since proposed a custom Tier III electric bus program. GMT has several diesel powered buses that are near the end of their useful lives, and both organizations agreed the prioritize the idea of electric powered vehicles.

“GMT has been exploring the idea of testing electric transit vehicles in our fleet for some time,”says Mark Sousa, General Manager. “We are excited about the possibility of bringing electric buses to our transit communities.”

In accordance with 30 V.S.A. 8005 (a) (3), distribution utilities are encouraged to support energy transformation programs that reduce the fossil fuels consumed by their customers and the emission of greenhouse gases attributable to that consumption. The details of the proposed electric bus program have not been finalized, although GMT, BED, VTrans, and Vermont Energy Investment Corporation (VEIC) continue to discuss the possibility of replacing aging diesel powered buses with electric buses.

The battery-electric bus is expected to operate GMT service until April 11, 2017. Passengers who have questions can contact us at info@ridegmt.com or 802-864- 2282. To follow the bus as it travels throughout GMT’s service area, follow along on Twitter: @RideGMT.

http://www.suncommunitynews.com/art...le/green-mountain-transit-tests-electric-bus/
 
BYD in talks with Chilean lithium producers

Chinese electric carmaker wants to secure supplies of key battery material

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YESTERDAY by: Henry Sanderson in Santiago

BYD, the Chinese electric car and bus company part-owned by Warren Buffett, is talking to lithium producers in Chile about potential deals to secure supplies of the key battery material.

Fred Ni, vice-president of BYD Americas, said the company was considering a range of options from partnerships to supply agreements and direct investments.

“It’s still in negotiation stage. We haven’t defined which model it will be,” Mr Ni said at the CRU world copper conference in Santiago. “We consume 20 per cent of the lithium supply in the world — that means we have a strong interest to secure stable supply of lithium.”

Chile is one of the world’s largest sources of lithium, a key ingredient for batteries, which is extracted from brine trapped beneath the country’s Atacama Desert. Sociedad Química y Minera de Chile (SQM) and US-based Albemarle are two of the country’s largest producers, while the government is also encouraging state-owned copper company Codelco to develop deposits.

Beijing wants to double electric vehicle battery capacity by 2020, and has encouraged producers to invest overseas. Chinese companies have sought out positions in the lithium-ion supply chain by buying up mining assets.

Ganfeng Lithium, one of the country’s largest producers of the battery chemical, bought a 19.9 per cent stake in an Argentine lithium project earlier this year. The deal followed on the heels of a purchase of a 2.1 per cent stake in SQM by Tianqi Lithium.

Mr Ni said BYD was also worried about the price of cobalt, another metal used in batteries. Most of the world’s cobalt is produced in the Democratic Republic of Congo by mining company Glencore.

The company has started to use cobalt-containing batteries in its new Tang and Qin passenger vehicles. These batteries typically have a higher energy density, allowing them to store more power per kilogramme.

Cobalt prices have more than doubled since last year due to strong demand from battery makers for cobalt chemicals, and as a group of hedge funds stockpiled the metal in warehouses.

“The price of cobalt is very volatile. That is the material that manufacturers are trying to reduce,” Mr Ni said.

“We saw before when we were doing rechargeable batteries for cell phones and notebook computers that the cobalt price increased four times within a year. We can imagine if we have so many electric cars on the street how much cobalt we are going to use.”

BYD’s electric vehicle sales rose 70 per cent last year to 96,000 vehicles. While growth is likely to slow this year after China’s government reduced subsidies for buyers, the company is targeting around sales of around 150,000 cars and buses.

https://www.ft.com/content/ab639040-1aa9-11e7-a266-12672483791a
 
Two BYD Factories in Brazil Enter Operation on Same Day
2017-04-10

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(Yicai Global) April 10 -- Two BYD Company Ltd. [SHE:002594] production facilities, a solar panel factory and an electric bus chassis plant, were put into operation in Brazil on the same day, state-run Xinhua news agency reported.

The two sites were inaugurated on April 6. The Campinas-based solar panel shop is the first factory of its kind under the Brazil Zero Waste Project. It cost about BRL150 million (USD47.7 million) and is expected to create 360 local jobs.

The BYD pure electric bus chassis plant debuted in the same industrial park as the solar panel facility on the same day. It attracted about BRL50 million (USD15.9 million) in investment and is expected to have an annual output of 720 units.

China and Brazil have increasingly close bilateral economic and trade exchanges with investment stock worth more than USD40 billion, said Li Jinzhang, China’s ambassador to Brazil. BYD’s investment shows the company’s confidence and in the Brazilian economy in the long term.

Campinas is a famous high-tech city in Brazil, said Jonas Donizete, Campinas’ mayor.

The two BYD factories will help the city develop into the country’s new energy capital.

BYD will build a battery factory in Brazil in its next move to expand the pure electric bus production line and promote new energy in more places, said Senior Vice President of BYD Li Ke.

http://www.yicaiglobal.com/news/50066459.html
 
(Yicai Global) April 10 -- Two BYD Company Ltd. [SHE:002594] production facilities, a solar panel factory and an electric bus chassis plant, were put into operation in Brazil on the same day, state-run Xinhua news agency reported.
that's good news to hear!

But BYD should be prepared for the challenges like lack of qualified suppliers bases in Brazil. That's a common challenge to many Chinese manufacturing companies that investing in Brazil.

I once read an article about XCMG Brazil plant (XCMG: Xuzhou Construction Machinery Group, 徐工). The plant plans to buy 30 bicycles; after price quotation and comparison, it decides to purchase the bicycles from China and ship them to Brazil. I.e. even after import tariff + logistics cost across the Pacific Ocean, a China-made bicycle is still better priced than a Brazil-made bike... That clearly tells us how terrible the manufacturing industry supply chain in Brazil is.

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