Tag: BYD Co

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BYD (Build Your Dreams), a world leader and pioneer in battery and zero-emission vehicles, is selling 1,000 of it pure electric buses a month.

BYD announced that its unaudited sales volume for November 2018 was 1,049 buses.

The new energy company based in Shenzhen, China, has its buses in service around the world, including the U.S. , Canada, India, South Korea, Norway, and of course China.

The company has successfully partnered with local bus manufacturers in a number of countries, including Alexander Dennis Limited (ADL) in England and Olectra Greentech in India.

In England, BYD-ADL is producing the first pure electric double-decker buses.

Through November, BYD had sold a total of 451,050 cars, SUVs, buses, and other vehicles, with 201,161 being New Energy vehicles.

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, and is now worth roughly $1.96 billion.

For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the 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.

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BYD (Build Your Dreams), a world leader and pioneer in battery and zero-emission vehicles, has begun a three month test run of its pure electric bus in Delhi.

Built in India, the 12-metre pure electric bus, eBuzz K9, has a seating capacity of 35.
The buses are manufactured in New Delhi by Olectra Greentech (formerly known as Goldstone Infratech) in partnership with BYD Auto Industry Co. Ltd.

Olectra-BYD buses are currently running in four states. The company first placed electric buses in service, beginning in September 2017 between Kullu-Manali under the Himachal Roadways Transport Corporation (HRTC), and in September 2018 between the city of Hyderabad and the Rajiv Gandhi International Airport under the Telangana State Road Transport Corporation (TSRTC).

Olectra-BYD’s eBuzz K7 is also in service in Mumbai under the Brihan Mumbai Electricity Supply and Transport Undertaking (BEST).

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, and is now worth roughly $1.96 billion.

For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the 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.

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BYD (Build Your Dreams), a world leader and pioneer in battery and zero-emission vehicles, has announced plans to list its battery unit by 2022.

The company did not specify the exchange it would be listed on.

The move, which was reported by Reuters out of Beijing, comes roughly six months after BYD opened the world’s largest battery manufacturing plant in the western province of Qinghai. The plant is designed to keep up with the demands of a company that has become the world leader in battery powered cars.

The facility has commenced manufacturing batteries, but the entire facility will not be fully completed until the end of 2019.

The plant opened with a manufacturing capacity of 24 GWh, and BYD aims to increase its total manufacturing capacity to 60 GWh by 2020.

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, and is now worth roughly $1.96 billion.

For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the 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.

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The city of Guayaquil, Ecuador may soon have the honor of being the first in the world to have an all-electric mass transit system.

The port city, which is known as “the Gateway to the Galapagos,” is swapping its entire fleet of diesel transit buses for pure-electric buses.

The move comes after a five month pilot program proved the viability of the buses. The test bus ran an average of 250 kilometers per day.

BYD’s K9 buses feature air conditioning and Wi-Fi, and will have a dramatic impact on air pollution and fuel costs.

The buses are projected to reduce 12.8 tons of CO2 and 2.9 million gallons of diesel annually.

The buses are scheduled to be in service by March 2019.

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, and is now worth roughly $1.96 billion.

For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the 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.

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BYD (Build Your Dreams), a world leader and pioneer in battery and zero-emission vehicles, has added a former Tesla executive to its U.S. operations.

Sam Jammal was hired by BYD as Senior Manager of Government Relations for the Western United States.

Jammal comes to BYD from SolarCity and Tesla. Before that he held several high-level jobs in the federal government, including Chief of Staff in the U.S. House of Representatives and Presidential Appointee (Obama) at the U.S. Department of Commerce.

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, and is now worth roughly $1.96 billion.

For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the 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.

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BYD (Build Your Dreams), a world leader and pioneer in battery and zero-emission vehicles, is making major strides in Brazil.

BYD Americas CEO Stella Li met recently with São Palo Mayor Bruno Covas at the Brazilian Consulate in Los Angeles to discuss zero-emission mobility in one of the world’s most vibrant cities.

Projects in progress across Brazil, include a fleet of 200 electric refuse trucks in Indaiatuba, and a $689 million monorail system in Salvador.

The company is also building a solar panel manufacturing facility in the city of Campinas.

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, and is now worth roughly $1.96 billion.

For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the 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.

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China’s BYD (Build Your Dreams) has scrapped its planned truck manufacturing plant in Windsor, Ontario, Canada.

BYD’s Ted Dowling, Vice President of BYD Canada, was quoted as saying that the plant doesn’t currently make sense for the company.

As to whether it will ever be revisited, “When the business case makes sense, we’ll do it,” Dowling noted.

In December 2017, BYD announced that they would build the assembly plant. “BYD is working on many significant orders that will bring final assembly to the province,” said a statement at that time.

No specific reason has been given for the change in plans.

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, and is now worth roughly $1.96 billion.

For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the 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.

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BYD (Build Your Dreams), a world leader and pioneer in battery and zero-emission vehicles, has received it’s first order for pure electric buses in Denmark.

The order for 27 of BYD’s 12 metre pure electric buses will run in Denkark’s capital, Copenhagen.

The order was received from Danish Bus company, Anchersen, which serves 19 of Movia’s routes in Copenhagen.

The BYD buses will begin operating at the end of 2019 on routes from the north to the south of Copenhagen city, between Emdrup Torv and Lergravsparken.

“Our company is showing that we are ready for the latest developments,” Søren Englund, COO at Anchersen, said. “We are now at the forefront of the transformation of the public transportation environment to zero emission electric power. Our goal is to have the same reliability with the new electric buses as with our current diesel buses. We have entered into an agreement with BYD because thorough investigation has shown us that BYD can meet the demands we and Movia have for the bus of the future.”

“We are pleased to enter the Danish market and participate in the first phase of the transition towards better green public transport,” Isbrand Ho, Managing Director at BYD Europe, said. “With the deployment of our electric buses, the first step has been taken in replacing the diesel buses in Copenhagen. We are looking forward to a successful cooperation with Anchersen A/S, which will be our first partner in Denmark.”

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, and is now worth roughly $1.96 billion.

For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the 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.

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BYD’s hot-selling Tang is ranked number one in sales in the hottest market in the world for electric cars, China.

China’s plug-in electric vehicle (PEV) sales reached a new high in September. Some 104,900 plug-in vehicles were registered that month with BYD’s Tang taking the top spot.

The BYD Tang is a plug-in hybrid Crossover sport utility vehicle (CUV) developed by BYD Auto based on its BYD S6.

BYD’s other EVs had strong sales, with BYD’s Yuan EV in third place, the BYD e5 in sixth place, the BYD Qin PHEV in ninth place, and the BYD Song PHEV in thirteenth place.

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, and is now worth roughly $1.96 billion.

For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the 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.

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BYD (Build Your Dreams), a world leader and pioneer in battery and zero-emission vehicles, has moved into the aviation services market.

BYD unveiled two new electric tow tractor models, or tugs, this month. The tugs are ideal for airport ground support equipment (GSE) needs including tarmacs and supporting aviation logistic centers and facilities, and also allow for rapid, restriction free charging.

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. With a 25-ton towing capacity, BYD’s T250, rear cabin tug, and the T250F, forward cabin tug, are well designed, heavy duty solutions for both luggage transport and towing of regional jets. Using BYD’s proprietary iron-phosphate battery technology, the tugs are equipped with a fast charger integrated to the tractor, making the charging process easy and clean.

“These tugs are a tremendous opportunity to help transform the high pressure, high-duty cycle operations with customers requiring around the clock up-time,” said Brian Rippie, BYD’s Director of Material Handing. “We have already delivered forklifts to Hawaiian Airlines and United Airlines.”

Enhancing efficiency and safety in the workplace, the average BYD tug can fully charge in two hours with limitless charging opportunities, allowing operators 24/7 availability. In addition, where lead acid batteries’ performance drops off as it runs low on charge or in cold weather, BYD’s innovative batteries allow for constant, reliable power regardless of remaining charge. Withstanding the harshest working environment, BYD’s battery is non-toxic, environmentally-friendly, and the safest, most reliable on the market with an unbeatable 10-year warranty.

The world’s largest manufacturer of electric vehicles and batteries, BYD has the only truly integrated tug product, providing the chassis, battery, and charger from one source. Developed for indoor or outdoor use, the tug design includes weather proof dual 3-phase 80V AC brushless motors which produce the high power and torque that allow these tug models greater serviceability.

BYD’s Material Handling practice includes five (5) class 1, sit-down counter balance forklifts and now, three (3) tug products – one 5-ton and the two new 25-ton models. The BYD North American Material Handling practice began operations in the summer of 2015, delivering pilot forklifts to the Port of Los Angeles. Now, operations have grown to 20+ dealers covering 42 North American markets with deliveries to more than 200 customers, which include fleet customers like PepsiCo, Armstrong Flooring and Whirlpool. With a mission of “Forklifts Simplified,” the practice is rapidly expanding to meet customer demand for clean energy, battery-electric heavy-duty truck options.

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, and is now worth roughly $1.96 billion.

For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the 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.