Tag Archives: BYD Co

Berkshire Hathaway-Backed BYD’s New E-Platform 3.0 Enables Ranges Exceeding 620 miles

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Berkshire Hathaway-backed BYD has officially launched the e-platform 3.0 for pure electric vehicles. With outstanding advantages in intelligence, efficiency, safety, and aesthetics, the e-platform 3.0 aims to promote new energy vehicle’s (NEVs’) performance in safety and low-temperature driving range as well as improving intelligent driving experiences.

The e-platform 3.0 will help BYD develop more efficient and safer new intelligent electric vehicles (EVs). The new-generation BYD e-platform covers vehicles of varying sizes and will be open to the industry to facilitate the development of intelligent EVs worldwide.

Built upon the e-platform 3.0, the unveiled Ocean-X concept is a mid-size sporty sedan with high performance. The Ocean-X brings brand new experiences in performance and intelligent driving thanks to the fully integrated blade batteries in the car body, an 8-in-1 electric powertrain, and an all-wheel-drive architecture.

Equipped with ultra-safe blade batteries integrated into the car body, the e-platform 3.0 builds up a special pure electric vehicle frame structure to increase the rigidity of the vehicle.

The new platform enables ranges exceeding 1,000 km (620 miles) through the world’s first 8-in-1 electric powertrain. In addition, the world’s first fast charging technology enables a range up to 150 km (93 miles) after a 5-minute charging. The original designed direct cooling and heating system for batteries increases the thermal efficiency by up to 20% while reducing energy loss. Additionally, the heat pump system which can work at temperatures from -30℃ to 60℃, has increased the range by up to 20% in winter, since the system leverages the residual heat from surroundings, the powertrain, passenger compartment and even the batteries. Finally, the brand-new electric AWD system features 0-100 km/h (62 mph) acceleration improved to 2.9 seconds, resulting in energy consumption compared to that of 2WD vehicles, while letting users enjoy the high performance of AWD EVs.

The e-platform 3.0 deeply integrated the drive, braking, and steering system. The industry’s first drive train domain controller has been developed through the full utilization of the electric motors’ fast response and has been applied on the model EA1. BYD’s smart cockpit domain controller and smart body domain controller are already in mass production. As for software, BYD has independently developed the BYD OS which decouples hardware and software, offering an elite collaboration system for high levels of intelligent driving.

On the side of aesthetics, the vehicle features shorter overhangs and a longer wheelbase, significantly expanding the passenger space; a lower body and a longer wheelbase liberate the vehicle’s aerodynamic design, decreasing the drag coefficient to 0.21Cd.

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.

BYD EV Sales Soar to Top of Charts

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Berkshire Hathaway-backed BYD sold 67,630 passenger vehicles in August, up 90.5% year-over-year and 18.7% month-over-month.

New energy vehicles (NEVs) contributed 60,508 units representing an increase of 331.9% year-over-year. Four consecutive months of booming sales and a series of monthly sales records underscore BYD’s successful strategic deployment and the widespread acceptance of its products in the market.

After hitting the 50,000-unit mark, BYD’s monthly new-energy passenger vehicle sales continue to grow, positioning BYD as a dominant player in terms of market share. The continued contribution of DM-i sales fueled further success for the DM model, which saw 30,126 units sold in August, up 555.6% year-over-year. Battery-electric vehicle (BEV) sales rose steadily to 30,382 units in the month, up 222.7% year-over-year.

According to the data of EV Sales, in July 2021, BYD returned to the top of the global NEV sales in a single month after 26 months, surpassing Volkswagen to claim third place in terms of cumulative sales from January to July.

BYD Han, the flagship model of the Dynasty series, sold 9,035 units in August.

BYD views safety as the biggest luxury of electric vehicles. This has allowed the BYD Han to increase safety performance to the highest level in the segment while allowing for optimal performance at the same time. In late July, BYD officially launched the DiLink 4.0 (5G) and the 5G Dynaudio Smart Music Cockpit upgrade package, which was developed for the Han EV all-wheel-drive high-performance flagship model, at the 2021 Chengdu Auto Show, bringing users more intelligent and efficient connectivity experiences.

The Qin PLUS DM-i set another sales record, as it sold 13,043 units in August, becoming the leader among DM models. With the powerful duo Qin PLUS DM-i and Qin PLUS EV, the Qin PLUS sold 20,676 units in August.

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 has 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.

BYD Debuts Two New Battery-Electric Heavy-Duty Trucks

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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.

BYD Brings Together All Its Green Technologies for Its China Headquarters

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BYD’s China headquarters has officially launched its “Zero Carbon Industrial Campus” in Pingshan, which will become the first zero-carbon headquarters of Chinese automobile brands.

Founded in September 2006, BYD Pingshan Industrial Campus covers an approximate area of 7.6 million square feet, employing approximately 50,000 people.

The Pingshan Industrial Campus brings all of BYD’s green solutions such as photovoltaics, energy storage, new energy vehicles, the SkyRail monorail, and SkyShuttle to all aspects of production and life in the campus.

For example, BYD has built an intelligent green multi-level rail transit system, new energy vehicles, energy storage systems, and new energy vehicle charging stations on the campus. BYD has now expanded its emission reduction efforts to the daily production and operation of the company. BYD strives to create a green ecological environment for the entire campus through its internal green recycling system.

One of BYD’s representatives stated that “Pingshan’s first ‘Zero Carbon Industrial Campus’ project will become an important case study with rich experience accumulated, paving the way for BYD’s company-wide carbon emission reduction and carbon neutrality.”

In the construction of the “Zero Carbon Industrial Campus,” BYD has strengthened its carbon emission reduction actions concerning the energy structure, industrial structure, transportation, procurement, production, and operation of the campus. Concurrently, based on environmental technologies, BYD can achieve energy conservation and emission reduction products and solutions.

Promoting carbon emission reduction and achieve carbon neutrality requires an accurate understanding of where carbon emission comes from, knowing how to compile emission data, applying green energy more efficiently, and devising efficient industry strategies. To this end, BYD has invited SGS, the world’s leading testing, inspection, and certification company, to provide consulting, certification, and technical support for the project.

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 over thirty-fold.

© 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.

BYD UK and ADL Deliver EV Buses to New Zealand

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Berkshire Hathaway-backed BYD UK through its partnership with Alexander Dennis Limited (ADL) jointly announced the delivery of the first three-axle BYD ADL Enviro200EV XLB in New Zealand.

Built in New Zealand by ADL’s partner Kiwi Bus Builders on a BYD chassis, the delivery fully supports New Zealand’s transition to a decarbonized bus fleet by 2035. Joining the Auckland Transport fleet, the zero-emission bus will be evaluated in New Zealand’s largest city on trials sponsored by Mercury Energy.

To meet the requirements of local transport authorities and operators, the Enviro200EV XLB is a new step in the evolution of the successful combination of BYD’s battery technology and ADL’s expertise in tailoring buses. This 41-foot-long electric bus has three axles and provides a total passenger capacity of 78 ensuring operational flexibility. Additionally, 36 passengers can be seated, and two wheelchair spaces are provided which are accessed via a manual ramp at the front door.

ADL’s General Manager in New Zealand, Tony Moore, said: “The launch of our extra-large electric bus marks an exciting new chapter in our partnership with Auckland Transport. After bringing the first electric buses to the city in 2018, we now have a zero-emission bus that is fully designed to New Zealand requirements – and is made locally, boosting the economy and supporting skilled jobs.”

Auckland Transport Metro Decarbonization Manager, Darek Koper said: “This trial fleet provides a range of options for New Zealand bus operators and it will build operator confidence in new technology. It will also allow them to understand operational requirements and costs to inform future procurement decisions, while supporting the accelerated transition to zero-emission buses in Auckland.”

The launch vehicle has been wrapped in an advertisement for energy supplier Mercury Energy, which will support the trial of the electric bus.

“We have delivered a lot of BYD/ADL electric buses to several cities in New Zealand together with ADL,” said Wing You, BYD’s General Manager for Australia and New Zealand. “This is a great privilege for BYD to work together with local manufacturers to help the local government speed up the transition to zero-emission electric buses by 2035, and so far we have completed over 600,000 miles in operation, helping to cut more than 1,000 tons of CO2 emissions.”

At present, BYD is successfully serving markets in many other countries across the Asia-Pacific, including Japan, Korea, Singapore, Australia, India, etc. Globally, the brand’s pure electric vehicles cover over 300 cities, operating in more than 50 countries and regions.

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.

Ten BYD Motors Heavy-Duty EV Yard Tractors on the Job at Red Hook Container Terminals

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Ten of Berkshire Hathaway-backed BYD Motors’ heavy-duty zero-emission battery electric yard tractors are now in service at Red Hook Container Terminals container terminal in Port Newark, New Jersey.

The Red Hook fleet represents the single largest deployment of zero-emission battery electric trucks in the eastern United States and the first at a Port Authority of New York and New Jersey marine terminal.

The heavy-duty zero emission battery electric yard tractors are being used to move cargo containers at the Red Hook Marine Terminal in Port Newark and are also being used for making runs to the other terminals at Port Newark and Port Elizabeth and runs to the Millennium Marine Rail yard.

Red Hook operates the cross-harbor barging operation that eliminates tens of thousands of truck trips per year off the roads of New Jersey and New York and so the deployment represents the most recent example of Red Hook’s continuing leading role in the fields of port-related environmental stewardship and global sustainability.

The Red Hook zero-emission battery electric truck fleet project was developed and managed by Climate Change Mitigation Technologies LLC, the leading New Jersey-based developer and manager of zero-emission truck and bus projects for public and private fleets.

The New Jersey Department of Environmental Protection funded a portion of the project using Volkswagen Mitigation Trust funds and Red Hook funded the balance of vehicle and project costs.

CCMT is partnered with Hudson County Motors, Inc. in Secaucus, New Jersey, one of the largest truck dealers in northern New Jersey, and the first BYD Motors truck dealer in the nation.

The BYD model 8Y yard tractors being deployed by Red Hook Container Terminals LLC are third-generation equipment that come with 217 kWh lithium iron phosphate battery packs that have 241 horsepower and are capable of pulling loads of up to 102,000 lbs GVWR. They can operate continuously for up to 12 hours or more before recharging or can operate 24/7 with opportunity charging during shifts. AC and DC charging is available. DC fast charging takes approximately 2 hours from a 20% state of charge. Early operational results indicate that the yard tractor can operate two whole shifts before needing re-charging.

In Long Beach, California, BYD’s yard tractors are just finishing up a one-year demonstration test at International Transportation Service terminal at the Port’s Pier G to test the readiness of the equipment to handle the workload at a busy seaport.

BYD Motors is the leading electric truck and bus manufacturer in the world, with over 14,000 battery electric trucks and 65,000 electric buses deployed worldwide. BYD has US factory operations in Lancaster, CA, and a regional service and parts center in Lodi, New Jersey.

“These zero-emission electric yard tractors do not represent the finish line as far as meeting the seaport’s goal to reduce emissions. But it’s a major step forward,” said Sam Ruda, director of the Port Department of the Port Authority of New York and New Jersey. “It affirms both that the technology is developing rapidly and is applicable to container terminals, and it underscores the role the public and private sectors are playing in making it a reality. Electrifying these yard tractors is strong evidence of how the Port Authority and its partners are moving forward to reduce emissions impacts from cargo operations.”

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.

BYD UK and Alexander Dennis Limited (ADL) Sign Deal for EV Buses in Ireland

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Alexander Dennis Limited (ADL) and BYD UK jointly announced that their electric vehicle partnership, the UK’s leading electric bus producer, has signed a framework agreement with the National Transport Authority of Ireland (NTA) for the delivery of up to 200 BYD ADL Enviro200EV zero emission battery-electric buses.

The first 45 buses have been firmly ordered and are expected to commence delivery in 2022 for services in Athlone and the Dublin Metropolitan Area.

All will be built in ADL’s factories in the United Kingdom in the proven combination of BYD electric technology and batteries with stylish bodywork and passenger-centric interior by ADL.

ADL is a subsidiary of leading independent global bus manufacturer NFI Group Inc. (NFI), while BYD is a global leader in batteries, energy management and electric mobility.

The single supplier framework agreement with the NTA will run for up to five years and covers the delivery of single-deck battery-electric buses. The BYD ADL partnership, represented by ADL as primary contractor, was selected in a comprehensive and rigorous procurement process in which the company provided the strongest offer. It is the BYD ADL partnership’s first contract in Ireland as well as the largest order for zero emission buses in the country to date.

ADL’s body engineers have worked with their colleagues at BYD to tailor the BYD ADL Enviro200EV to the specific needs of the NTA and its operators. This has resulted in a vehicle that will be 40-foot long and can be specified in several configurations to suit different operational requirements, including a version with two doorways, a wheelchair space and a dedicated area for the accommodation of at least one unfolded pram, pushchair or buggy.

Anne Graham, CEO of the National Transport Authority said: “The contract signed for the supply of these battery electric buses highlights the NTA’s commitment to a sustainable and accessible transport network. Over the next five years we are planning a major increase in the number of low- and zero-emission urban buses in operation on the Transport For Ireland (TFI) network across the country. The fleet ordered today represents the best mix of cutting-edge electric technology, proven reliability, accessibility and comfort for all passengers who use TFI bus services. I look forward to working with our bus operator partners, as well as ADL, in ensuring that the first of these buses are delivered and ready to operate in 2022.”

Paul Davies, ADL President and Managing Director, said: “This new agreement for up to 200 zero emission buses is further testament to our customer focus which is exemplified in our ability to tailor vehicle specifications to operational requirements. Together with our existing agreement for up to 600 zero emission capable Enviro400ER plug-in hybrid buses, we are honoured to be playing a key role in the roll-out of zero emission mobility in Ireland.”

“This agreement with Ireland’s NTA is one of the most significant commitments to eMobility we have ever seen in Europe,” said BYD UK Managing Director, Frank Thorpe, “and it is the BYD ADL partnership that appears increasingly to be the preferred choice for Local Authorities and public transport operators. This framework agreement is a pledge to bringing about a sustainable future for public transport in Ireland and we are delighted to join the NTA for Ireland on its journey.”

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.

Berkshire Hathaway-Backed BYD Enters South Africa Bus Market

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Berkshire Hathaway-backed BYD, the world’s leading electric bus manufacturer, has released a joint announcement with Golden Arrow Bus Services (GABS) that two BYD electric buses will be placed into operation in Cape Town, Western Cape province.

These two electric buses will be the first electric buses in South Africa and Southern Africa.

As the largest public transportation service provider in South Africa, GABS is currently running more than 1100 units of buses daily and has more than 160 years of bus operating experience.

Since November 2020, GABS has conducted a series of strict tests on the two BYD electric buses. The test outcome was outstanding and received high praise from GABS. In addition, GABS planned to start the electrification of the local public transportation gradually in the future.

“Introducing electric buses aims to respond to the national and provincial governments’ call for reducing carbon emissions,” said Gideon Neethling, GABS company engineer. “For the first few months, we tested the buses in a range of circumstances without passengers. The aim was to get to know exactly how these vehicles perform before incorporating them into our operations.” He was very pleased with the test result, said: “Testing these vehicles has been a joy for everyone who is part of the project. Each time we carry out a new test or reach a new milestone, the level of excitement increases further,” said Neethling.

The capacity of the BYD electric bus is 40 passengers with the highest range up to 320 km (200 miles). In addition, these buses are equipped with user-friendly features, such as free WiFi and a wheelchair ramp. These two electric buses will operate during the local rush hour, carrying passengers between Retreat and Cape Town.

Transport and Public Works Minister, Daylin Mitchell said: “After taking a ride in this bus, I am confident passengers will feel safe during their journey.”

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.

BYD UK and ADL Receive 195 Bus Order For London

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Berkshire Hathaway-backed BYD’s subsidiary BYD UK and their joint venture partner Alexander Dennis Limited (ADL) will deliver the UK’s largest ever electric bus order. The order has been placed by RATP Dev London, one of Transport for London (TfL)’s principal bus operators, for a total of 195 single and double deck vehicles.

With this order, RATP Dev London confirms its commitment to supporting TfL’s electrification plan for London’s bus network, a key objective of the Mayor’s Transport Strategy for 2018, under which all TfL buses will be zero emissions by 2037, with all of London’s transport becoming emissions free by 2037.

Deliveries of RATP Dev London’s latest BYD ADL fleet will begin in the summer. 68 BYD ADL Enviro200EV single decks – including 21 compact 33-foot models – and 127 BYD ADL Enviro400EV double decks will be based at RATP Dev London’s Fulwell, Harrow and Shepherd’s Bush depots to serve routes in the west of the capital. The buses will join 36 existing BYD ADL single decks in service since 2018 and 29 BYD ADL double decks delivered last year. Feedback from RATP Dev London on these in-service vehicles has been very positive, with the double deck BYD ADL Enviro400EV in particular delivering exceptional reliability on 24-hour route operations.

BYD is a global leader in batteries, energy management and electric mobility. ADL is a subsidiary of leading independent global bus manufacturer NFI Group Inc. (NFI).

Catherine Chardon, Managing Director of RATP Dev London, said, “Electrification is a critical part of our business and partnership with Transport for London (TfL). We launched our two first 100% electric routes less than two years ago, as well as London’s first fully electric 24-hour double-decker bus route last year. By the beginning of 2022, we will operate 15 zero emission routes and have five of our garages converted to electric. This agreement will help RATP Dev London position itself as the leading electric bus services provider in the city. We are proud to work hand in hand with TfL to help London achieve its sustainability goals.”

BYD UK Managing Director, Frank Thorpe, said, “Naturally, this is a hugely significant moment in the development of the BYD brand in the UK. Public transport in the capital often provides the blueprint for other towns and cities and the fact that a major operator like RATP Dev is making such a substantial commitment to eMobility will, I believe, resonate with Local Authorities across the UK. The increasing electrification of routes by TfL operators is delivering long-term productivity to their fleets and real environmental benefits for Londoners.”

Paul Davies, ADL President & Managing Director, said: “RATP Dev London’s record order is a resounding vote of confidence in our British-built electric buses and ADL’s proven ability to tailor these to authorities and operators’ requirements. These buses will build on our pioneering work in support of Transport for London’s Bus Safety Standard with a focus on safety for drivers, passengers and other road users.”

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.

BYD eBus Bridges the Danube With Pollution-Free Public Transport

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Berkshire Hathaway-backed BYD, the world’s leading electric bus manufacturer, is uniting the people of Slovakia and Hungary with the delivery of its best-selling 40-foot eBus to Volánbusz Zrt. — one of Hungary’s largest public transport operators.

Volanbusz Zrt. will offer daily electric bus services across the Danube river to the cities of Komarom, Hungry on the south bank of the river, and Karmano, Slovakia on the north bank.

Now citizens on both sides of the river can travel between the two countries on board an electric bus for the first time.

Volánbusz’s latest low-floor BYD vehicle delivers a 180-mile single-charge range from its 348kWh battery capacity. The two-door model will also provide class-leading safety and high levels of comfort for passengers. BYD’s 40-foot eBus remains the company’s, and the European market’s, best-selling electric bus.

Volánbusz plans to buy additional electric vehicles and charging infrastructure.

In 2017, BYD opened its first European bus factory in Komárom, Hungary. The factory produces roughly 400 buses annually, and employs over 300 people.

“This is an historic day for the people of Komárom and Komárno,” said Yongping Chen, Managing Director, BYD Electric Bus & Truck Hungary. “Passengers can travel across the Danube on board a pure-electric BYD eBus in safety, comfort and, above all, help promote a cleaner, more sustainable future for the two cities.

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.