BYD Receives Record Bus & Taxi Order, Hangzhou Mayor signs order for 3,000 new energy vehicles

BYD Receives Record Bus & Taxi Order, Hangzhou Mayor signs order for 3,000 new energy vehicles

BYD Receives Record Bus & Taxi Order, Hangzhou Mayor signs order for 3,000 new energy vehicles

BYD
May 9, 2014

Pictured Above: The pure-electric BYD e6 Taxi and k9 Transit Bus

Pictured Above: Mayor Hongming Zhang and BYD’s Wang Chuanfu

Hangzhou Mayor signs order for 3,000 new energy vehicles

Hangzhou, Zhejiang, P.R. China: BYD Company Ltd. has received a record-setting order for their new energy vehicles. Situated in east China along the Qiantang River lies Hangzhou, a place commonly referred to as China’s most beautiful cities. In response to China’s deteriorating air quality and ecological environment, Hangzhou’s Leadership has taken a serious stance on combatting the issues by adopting zero-emissions public transportation, namely electric buses and taxis.

The order for 2,000 long-range, battery-electric transit buses and 1,000 long-range, pure-electric cars was signed this week by the Mayor of Hangzhou, Hongming Zhang and is one of the world’s largest all-electric fleets ever ordered. “Hangzhou is a beautiful place with a rich history and culture, as well as a great environment for investment. BYD is excited to bring our world-leading electric transportation technologies to Hangzhou and witness the vision and dreams of this leadership team come to pass,” said BYD Ltd founder and Chairman, Wang Chuanfu. The order is a remarkable achievement for BYD, cementing their place as the world’s preeminent electric-fleet provider. “There is simply no other company that manufactures and delivers fleets of electric cars and electric buses by the thousands! The R&D expertise, manufacturing scale and component spend leverage BYD is gaining from building and delivering these fleets has put us years ahead of any possible competitor,” said BYD America Vice President Micheal Austin who just delivered BYD’s first American-made long-range, electric buses last week to California’s Governor Jerry Brown.

Hangzhou is home to Alibaba, another high-tech Chinese company known for game-changing innovations. “Today the electric vehicle market is growing and EV technologies have matured to the point where every city transit should be adopting them. The turning point of new energy is now, and we want to see BYD grow the same way we saw Jack Ma’s Alibaba grow years ago,” said

Secretary Gong Zheng of Hangzhou’s Municipal Committee. BYD will be making special arrangements to deliver the first 1,000 buses and 500 eTaxis by the end of 2014.

About BYD

BYD Company Ltd. is one of China’s largest companies and has successfully expanded globally. Specializing in battery technologies, their green mission to “solve the whole problem” has made them industry pioneers and leaders in several High-tech sectors including High-efficiency Automobiles, Electrified Public Transportation, Environmentally-Friendly Energy Storage, Affordable Solar Power and Information Technology and Original Design Manufacturing (ODM) services.

As the world’s largest manufacturer of rechargeable batteries, their mission to create safer and more environmentally friendly battery technologies has led to the development of the BYD Iron Phosphate (or "Fe") Battery. This fire-safe, completely recyclable and incredibly long-cycle technology has become the core of their clean energy platform that has expanded into automobiles, buses, trucks, utility vehicles and energy storage facilities. BYD and all of their shareholders, including the great American Investor Warren Buffett, see these environmentally and economically forward products as the way of the future.

BYD has made a strong entrance to the North, Central and South American markets with their battery electric buses, and lineup of automobiles. Their mission lies not just in sales growth, but also in sociological integration and local job creation as they have poured incredible investments into developing offices, dealerships and manufacturing facilities in the local communities they now call home, truly a first for Chinese companies. For more information, please visit www.byd.com