(BRK.A), (BRK.B)
BYD all-electric refuse trucks will soon be hard at work providing zero-emission collection services to Jersey City, N.J., the first such trucks on the U.S. East Coast capable of working an entire route.
Hudson County Motors and BYD will provide five all-electric, rear-loader collection trucks to the city. The BYD trucks will go to work on normal daily collection routes previously handled by diesel-fueled trucks.
The BYD 8R is the world’s first commercially available all-electric class 8 refuse chassis that can successfully complete an entire route. The BYD 8R’s core technologies include state-of-the-art batteries, controls and motors, which are designed, tested and built by BYD as an integrated system. This allows the BYD 8R to achieve the highest levels of performance, endurance and reliability.
BYD software optimizes power and torque for superior performance in refuse collection operations. Combined with BYD’s advanced battery chemistry, the BYD 8R holds enough energy to complete an entire route with true zero-emissions.
“Jersey City will be a model for what is now possible with zero-emission refuse trucks.” says John Gerra, Sr. Director of Business Development at BYD Motors. “We look forward to helping provide clean streets and clean air for the residents of Jersey City.”
The project is supported by the New Jersey Department of Environmental Protection and Sanitation Equipment Corp. of Totowa, NJ.
Hudson County Motors is BYD’s fully authorized truck dealer for Northern New Jersey.
BYD and Berkshire Hathaway
In 2008, Berkshire Hathaway bet on BYD’s potential, purchasing 225 million shares. It’s an investment that has paid off handsomely. Berkshire’s original investment of $230 million has grown in value almost ten-fold.
For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.
© 2020 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway and BYD, and this article is not a recommendation on whether to buy or sell a stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.