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BYD Chairman forecasts falling profit margins in 2024

Teslarati

BYD Chairman Wang Chuanfu forecasts falling profit margins in 2024 but remains confident that the company will maintain stable profitability. Wang predicted that the intensifying price war in China would result in falling profit margins for BYD. BYD hopes to ensure stable profitability by improving sales. million EVs , up 14.7%

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Uruguay launches first BYD battery-electric buses; projecting 500 by 2015

Green Car Congress

in partnership with Chinese automaker BYD Ltd, introduced the first battery-electric 12-meter rapid transit bus in Uruguay and the region. The BYD battery technology also allows for a full charge in less than 5 hours. By 2015 it is expected that more than 500 BYD electric buses will be running on the streets and roads of Uruguay.

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BYD, Toyota to establish joint company for battery-electric vehicle research and development

Green Car Congress

BYD Company Ltd. The new R&D company, which will work on designing and developing BEVs (including platform) and its related parts, is anticipated to be established in China in 2020, with BYD and Toyota to evenly share 50% of the total capital needed. —BYD senior vice president Lian Yu-bo.

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Report: BYD to begin production of lithium manganese iron phosphate batteries for EVs in 2015

Green Car Congress

BYD Auto will begin production of a new high-energy density battery in 2015 and apply them in its vehicles, according to board secretary Wu Jing-sheng, as cited by Chinas Securities Times. Shanghai Metals Market.

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BYD Secures 52-unit Electric Bus Order from Transdev in Sweden

Electric Cars Report

Chinese electric vehicle maker BYD has been awarded a substantial eBus order from public transport operator, Transdev AB, in Sweden. The order for 52 BYD electric buses is the largest order that Transdev has placed with BYD for electric buses since 2015 when it first introduced the BYD brand to its fleet.

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BYD unveils new electric airport GSE tow tractor models

Green Car Congress

BYD unveiled two new electric tow tractor models, or tugs, this month. BYD tugs offer greater energy and productivity efficiencies as well as lower operating costs and easier maintenance, as compared to its diesel, gas or lead acid battery counterparts. —Brian Rippie, BYD’s Director of Material Handing.

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Fleet of 10 BYD electric buses operating on Okinawa

Green Car Congress

A fleet of 10 battery-electric buses manufactured by Chinese new energy technology company BYD started operating on the Japanese island of Okinawa, marking the beginning of the island’s electrified public transportation initiative. 10 BYD K9 buses now run a shuttle service to and from the Okinawa Naha Port.

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