BYD: Road to Dominance of Electric Vehicle/Transport

[powastick]

Which city?

Near Kuala Lumpur.

 

[AndrewJin]

Near Kuala Lumpur.

It is said Rapid KL.
Is this line run by KL?

 

[Jlaw]

BYD Qin Could Beat Out Tesla

November 4, 2015

Chinese electric car BYD Qin is seeing record sales that put it ahead of any other electric car on any market, and as it looks, the Qin could beat out Tesla. BYD, which stands for ‘Build Your Dreams’, is a Chinese automobile manufacturer based in Shenzhen, Guangdong, and it’s been leading the shift towards electric vehicles this year.

Since 2014, Chinese electric car sales have become higher than in the US, and BYD Qin specifically is looking to be a threat to American electric car makers, Tesla included. Currently, the BYD Qin model has been the top selling passenger NEV of 2015, and it has sold an astounding 41,045 units as of September. Tesla only sold a little over 33,000 cars at the end of the third quarter of this year.

China’s efforts to propagate electric car use is spreading, with the BYD Qin being introduced to Latin America since last year, and it is only a matter of time before it measures up to American electric cars such as the Tesla and other Japanese competitors. BYD has released a follow up model to the Qin, the BYD Tang, and it is expected to outpace the Qin. The BYD Tang is available for pre-order and it’s expected to release in 2016.

What's the price difference between a Tesla and a Qin? Tesla too expensive even for most people in the west

 

[powastick]

It is said Rapid KL.
Is this line run by KL?

Same group. SOE named Prasarana Malaysia under Ministry of Finance.

 

[TaiShang]

What's the price difference between a Tesla and a Qin? Tesla too expensive even for most people in the west

I guess Tesla is way too expensive when compared to Qin. On the exact price and comparison, @cirr would have a better insight.

 

[cirr]

I guess Tesla is way too expensive when compared to Qin. On the exact price and comparison, @cirr would have a better insight.

Depending on where you are and taking into account tax exemptions、government subsidies and number plate cost，one （on-the-road）Tesla buys 8-10 Qins。

 

[TaiShang]

State support lifts e-car production eightfolds
November 11, 2015, Wednesday |

PRINT EDITION

GOVERNMENT support lifted China’s electric car production in October eightfolds year on year to 50,700 vehicles, the Ministry of Industry and Information Technology said yesterday.

Output of pure electric and plug-in hybrid passenger vehicles in October was 850 percent and 200 percent higher, respectively, than a year ago, the ministry said.

In the first 10 months, Chinese carmakers produced 206,900 new-energy vehicles, three times as many as they did in the same period of last year.

The government’s intense promotion has brought an increasing number of new-energy vehicles onto China’s roads, saving energy and combating pollution.

Measures including tax exemptions, subsidies and requirements for government bodies to buy green cars are in place.

In March, the Ministry of Transport set a target of 300,000 new-energy commercial vehicles on China’s roads by 2020: 200,000 new-energy buses and 100,000 new-energy taxis and delivery vehicles.

The State Council also unveiled plans in early October to build a nationwide charging-station network to meet the power demand of 5 million electric vehicles by 2020.

 

[qwerrty]

BYD Ranks at Top of J.D. Power's Quality Study
Posted on: November 14, 2015 at 12:44 am, by admin

The 2015 JD Power Initial Quality Study (IQS) Auto Study has been released and BYD Auto Co. Ltd. has been placed in top rankings in the Midsize Economy Segment again. BYD Qin, the world’s most popular electric vehicle model (out-selling other global brand models for the last 4 months) received a score of 75 placing it in second place just behind the Hyundai Mistra at 73, but beating out Honda, Mazda, KIA and Volkswagen models.





CHART: BYD Qin rank in the top 2 of the Midsize Upper Economy Vehicle segment

J.D. Power serves as the industry benchmark for new-vehicle quality by examining problems experienced by new-vehicle owners within the first two to six months of ownership in two distinct categories: design-related problems and defects and malfunctions. For 2015, the China IQS has been expanded to include more specific diagnostic questions around eight areas: interior; exterior; engine/ transmission; driving experience; features/ controls/ dISPlays; seats; audio/ communication/ entertainment/ navigation; and heating/ ventilation/ air conditioning. The overall initial quality score is determined by problems reported per 100 vehicles (PP100), with a lower number of problems indicating higher quality.

In addition, media and Qin owners have expressed positive feedback on BYD Qin’s performance. “The comprehensive performance is beyond my expectations,” one Qin owner offered. “If you charge the Qin every day, you can save a lot of money on fuel.” Extremely strong power performance and fuel efficiency have wowed most consumers.

BYD Qin has an EV Industry leading warranty of 6 years or 150,000 km greatly enhancing consumer satisfaction. The life-time guaranteed battery has set a benchmark in new energy vehicle industry. Another Qin owner stated, “in the beginning, we worried about the maintenance cost, but now the life-time guarantee for the battery has eliminated my doubts and worries. We really appreciate that.”

http://www.satprnews.com/2015/11/14/byd-ranks-at-top-of-j-d-powers-quality-study-2/

 

[TaiShang]

BYD is not alone in the e-bus world

Media-savvy carmaker BYD Co. Ltd. (01211.HK) makes sure the world knows about the latest e-bus order it has secured or the recognition its models have earned.

The e6 electric car BYD showcased at the Havana International Fair in Cuba, for instance, won the gold medal for best quality product, a news release from the firm said Thursday.

In its company report, BYD detailed how its e-buses and e-taxis have accumulated the highest mileage record globally and that it has extended its market coverage to 10 cities in the mainland.

Outside China, more than 36 countries and regions around the world are either test-running its electric vehicles (EVs) or have already placed orders.

An order in April for 60 e-buses from Long Beach Transit in California was a landmark deal for BYD in the United States.

BYD indeed has a head start on other firms.

Not many companies are making commercial EVs.

Big European brands like Man SE have not been active in this segment.

It is believed that their heavy investments in reducing emissions of their diesel engines have yet to be recouped, and that is why they are not keen about splashing out on new projects like EVs.

But BYD is not alone in spotting the void.

China Dynamics Holdings Ltd. (00476.HK) said this week it has signed a sales contract with the Xingtai municipal government in Hebei for 100 e-buses to be delivered by the end of this year.

Partnering with the Hong Kong Productivity Council, its subsidiary Green Dynamics launched last month an e-bus that packs advanced technology like a permanent magnet synchronized motor system and smart control units that help maximize its energy efficiency and mileage.

Designed to run in Hong Kong’s challenging conditions with a scorching summer (air conditioning can consume up to 30 percent of the power of a bus), twisting roads and lots of traffic lights and frequent stops on bus routes, the e-bus China Dynamics can offer could make it a strong rival to BYD.

Being regarded as the only major EV maker in China is probably the biggest reason why the not-so-profitable BYD trades at a price-earnings ratio of more than 100 times and is one of the Chinese carmakers with the highest valuations.

But if the sales momentum of China Dynamics begins to pick up, or when more serious players get into the race, the market might have to reassess if the fat first-mover premium in BYD’s stock still makes sense.

 

[AndrewJin]

BYD is not alone in the e-bus world

Media-savvy carmaker BYD Co. Ltd. (01211.HK) makes sure the world knows about the latest e-bus order it has secured or the recognition its models have earned.

The e6 electric car BYD showcased at the Havana International Fair in Cuba, for instance, won the gold medal for best quality product, a news release from the firm said Thursday.

In its company report, BYD detailed how its e-buses and e-taxis have accumulated the highest mileage record globally and that it has extended its market coverage to 10 cities in the mainland.

Outside China, more than 36 countries and regions around the world are either test-running its electric vehicles (EVs) or have already placed orders.

An order in April for 60 e-buses from Long Beach Transit in California was a landmark deal for BYD in the United States.

BYD indeed has a head start on other firms.

Not many companies are making commercial EVs.

Big European brands like Man SE have not been active in this segment.

It is believed that their heavy investments in reducing emissions of their diesel engines have yet to be recouped, and that is why they are not keen about splashing out on new projects like EVs.

But BYD is not alone in spotting the void.

China Dynamics Holdings Ltd. (00476.HK) said this week it has signed a sales contract with the Xingtai municipal government in Hebei for 100 e-buses to be delivered by the end of this year.

Partnering with the Hong Kong Productivity Council, its subsidiary Green Dynamics launched last month an e-bus that packs advanced technology like a permanent magnet synchronized motor system and smart control units that help maximize its energy efficiency and mileage.

Designed to run in Hong Kong’s challenging conditions with a scorching summer (air conditioning can consume up to 30 percent of the power of a bus), twisting roads and lots of traffic lights and frequent stops on bus routes, the e-bus China Dynamics can offer could make it a strong rival to BYD.

Being regarded as the only major EV maker in China is probably the biggest reason why the not-so-profitable BYD trades at a price-earnings ratio of more than 100 times and is one of the Chinese carmakers with the highest valuations.

But if the sales momentum of China Dynamics begins to pick up, or when more serious players get into the race, the market might have to reassess if the fat first-mover premium in BYD’s stock still makes sense.

Of course BYD is not alone, China has many electric bus companies, many of those also have wide presence in the international market.
Golden Dragon is a perfect example, an SOE.
177 Golden Dragon Buses Exported to Israel

 

[jkroo]

I guess Tesla is way too expensive when compared to Qin. On the exact price and comparison, @cirr would have a better insight.

You could got a BYD QIN by offering around 150k yuan(after 63k subsidy) compare to Tesla model s - from 700k to 1.2 m. Yeah, their market target is totally different.

I am an owner of BYD QIN and I am quite satisfied with my car especially the battery performance - safe and stable.

 

[AndrewJin]

Electric Commercial Vehicles Rose in First Three Quarters

Summarize：According to the latest statistics released by Ministry of Industry and Information Technology, China produced 156,200 units new energy vehicles from Jan. to Sept. this year, including 39,700 units electric commercial vehicles (the number is nearly eight times of that registered last year) and 12,600 units plug-in hybrid commercial vehicles (the volume went up by 75% compared with that registered last year).

www.chinabuses.org: According to the latest statistics released by Ministry of Industry and Information Technology, China produced 156,200 units new energy vehicles from Jan. to Sept. this year, including 39,700 units electric commercial vehicles (the number is nearly eight times of that registered last year) and 12,600 units plug-in hybrid commercial vehicles (the volume went up by 75% compared with that registered last year). The production volume of new energy commercial vehicles accounted for 33.5% of the total production volume of new energy vehicles.

Thanks to the governments’ unrelenting supports and subsidies, the new energy commercial vehicle sector realized fast-speed growth. In 2015, Beijing Municipal Government gave out a subsidy of 1,800 RMB per kilowatt-hour for all electric special vehicles. Every such emission-free vehicle is entitled to receive a total amount of no more than 135,000 RMB subsidies. Jiangsu provincial government also handed out 800 RMB subsidies for a battery capacity of one kilowatt-hour and every such emission-free vehicle can get a total amount of subsidies of no more than 60,000 RMB.

 

[TaiShang]

BYD 100% battery electric vehicle gets golden medal for “Best Quality Product” in Havana International Fair 2015
November 13, 2015

The 33rd issue Havana International Fair took place from Nov 2nd to Nov 6th, 2015. BYD e6 showcased in the fair as the first pure electric vehicle being introduced to Cuba. The zero emission vehicles stood out from all the exhibits and got the golden medal for “Best Quality Product” with the witness of Mr. Miguel Mario Díaz-Canel Bermúdezl, Vice President of Cuba.

Havana International Fair is a well-established fair that takes place annually since 1983. It is the most important general trade fair in Cuba and the Caribbean as well as one of the most representatives from Latin America. This year, the fair had more than 20,000 square meters of net exhibition area and attracted around 4,500 national and foreign exhibitors from over 60 countries, and received 150,000 visitors and the participation of important official and business delegations. The fair is also designed to consolidate a way of promoting Cuba’s international links and relations with the entire world.

During the fair, many Cuban authorities visited BYD stand, to see for themselves the first 100% battery electric vehicle and know more about BYD and its green solution to “the whole problem”. Among these we have Mr. Rodrigo Malmierca Diaz, Cuba’s Minister of Foreign Trade and Investment; Mr. Adel Yzquierdo Rodríguez, Cuba’s Minister of Transport; Mr. Marino Alberto Murrillo Jorge, Minister of Economy and Planning; and Mr. Zhang Tuo, Ambassador, Chinese Embassy in Cuba among others.

Every year the committee of the fair organizes an award ceremony for those pavilions, companies and products that stand out in different categories. This year the awards ceremony took place on the night of November 6th in “Palacio de Convenciones”, gathering all applicants. Mr. Miguel Mario Díaz-Canel Bermúdezl, Vice President of Cuba and Mr. Ricardo Cabrisas Ruíz, Vice President of the Council of Ministers participated in the ceremony and gave the awards to the winners in different categories.

Representing China, the BYD e6 obtained a golden medal in the category of “Best Quality Product” in Havana International Fair 2015. This award proves once again that BYD’s state of the art technology has been well received and greatly influenced the entire world.

 

[cirr]

Of course BYD is not alone, China has many electric bus companies, many of those also have wide presence in the international market.
Golden Dragon is a perfect example, an SOE.
177 Golden Dragon Buses Exported to Israel
View attachment 272614 View attachment 272613 View attachment 272615
View attachment 272621

I am sure Yutong gives out the loudest grunt as soon as the roster of bus makers is called。

 

[cirr]

BYD enjoys advantages in EV industry comparing to competitors, says paper

Kai-Ti Chiang, Taipei; Joseph Tsai

DIGITIMES [Tuesday 17 November 2015]

Commenting on China-based Internet service provider LeTV and several traditional car makers' plans to enter into the electric vehicle (EV) industry, China-based manufacturer BYD pointed out that Internet players only have concepts and are mainly looking to expand their brand recognition in the market, while compared to traditional car makers, BYD has more advantages over technologies that are able to help the company to remain in the lead, according to a Chinese-language China Business News (CBN) report citing BYD chairman Wang Chuanfu as saying in an interview.

BYD has recently formed an alliance with the UK's largest bus manufacturer and landed orders for zero-emission electric buses. BYD's electric bus plants in Campinas, Brazil is the company's R&D center for Latin America and the company has recently invested US$42.85 million to manufacture its latest solar product, Module2.0, which will be ready to enter production in the first half of 2016.

With the entry into the European Union, Wang noted that BYD has three major goals for the region: to establish an electric bus manufacturing plant, to form partnerships with local manufacturers and academies for R&D, and to enter Europe's electric passenger vehicle market.

BYD enjoys advantages in EV industry comparing to competitors, says paper