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BYD and Hertz partnering on EV rentals in China

Green Car Congress

As part of the partnership, Hertz will rent BYD’s e6 electrical vehicle (EV) to Chinese consumers, municipalities and government agencies. The core technology of BYD’s e6 is BYD’s internally developed lithium iron-phosphate (FE) battery technology. million yuan ($43 million), based on Chinese accounting standards.

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China’s EV Subsidy

Revenge of the Electric Car

Journal article: China to Subsidize Electric Cars. China to Subsidize Electric Cars. BEIJING—China will subsidize buyers of battery-powered cars and plug-in hybrids under a pilot program aimed at keeping the country competitive in the global race to develop an electric-vehicle industry, but which also risks a public backlash.

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