(BRK.A), (BRK.B)
Berkshire Hathaway-backed BYD has unveiled two battery-electric heavy-duty trucks, the Gen3 8TT and 6F, vehicles that combine performance, reliability, and driver comfort into stylish designs.
Unveiled at the ACT Expo in Long Beach, Calif., the Gen 3 8TT and 6F feature cabs styled by Wolfgang Josef Egger, the renowned former Audi chief designer. The stylish cabs offer improved aerodynamics and energy efficiency.
The trucks come standard with Advanced Driver-Assistance Systems (ADAS), making driving easier and safer.
The trucks are equipped with an Electronic Parking Brake system, offer keyless entry and push to start functions, and have up to 185kW CCS1 charging capability. The extended range version of the 8TT and 6F offer a range of up to 200 miles on a charge.
Gen 3 8TT is a versatile vehicle, capable of performing drayage, regional haul, and distribution work. The 6F can perform regional haul and distribution work. It can also be equipped with a body for refuse collection.
“We listen to our customers and their drivers to ensure we provide the features and performance they need to get a job done,” said Stella Li, President of BYD North America. “With our next generation 6F and 8TT, we’re making history by setting a new standard for driver comfort and safety in an electric vehicle.”
BYD Electric Trucks operate clean and quiet, and have significantly fewer moving parts than carbon-burning trucks. With less noise and vibration than conventional vehicles, BYD trucks provide the operator with an improved driving experience and safer work environment.
BYD, the world’s largest manufacturer of electric vehicles, is the leader in battery-electric truck deployments with more than 8,000 trucks in service around the world and over 200 in service across the United States.
BYD and Berkshire Hathaway
In 2008, Berkshire Hathaway bet on BYD’s potential, purchasing 225 million shares for $232 million. It’s an investment that has paid off handsomely. Berkshire’s original investment of $232 million had grown in value to $5.897 billion as of December 31, 2020.
© 2021 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.