Tag: BYD Co

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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.

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BYD Canada has been awarded an order for zero emission, battery-electric buses by WESTCOAST Sightseeing, the first tour company in Canada to order clean energy buses, and the first to commit to having a 100% clean-energy fleet by 2023.

Battery and Electric Vehicle Pioneer BYD is the world’s largest manufacturer of electric vehicles and batteries, and the overwhelming global leader in battery-electric buses.

The largest private bus operator in Vancouver, WESTCOAST Sightseeing has agreed to work exclusively with BYD on converting their entire fleet of 90 buses, which will include open top buses, double decks and singles and others. WESTCOAST Sightseeing will also work with city to develop charging infrastructure that will not only benefit WESTCOAST but many other companies that want to reduce their greenhouse gas emissions and climate impact.

“Our business is built around the natural beauty of our home and we are especially conscious of the impact our day-to-day operations has on the environment,” said Rob Safrata, Chief Executive Officer of WESTCOAST Sightseeing.” We are proudly working towards a greener and more sustainable future. And adding electric buses and boats is the first step to achieve our goal in 2023 of becoming the first Sightseeing firm in Canada with 100% electric vehicles.”

WESTCOAST Sightseeing recently added Electric Harbour tours to its line of sightseeing products, providing the first Harbor tour on a 100% electric boat in Vancouver.

The BYD battery-electric buses will make an immediate improvement to air quality and noise levels for the B.C. region. These buses alone will deliver a reduction in carbon emissions of some 4,500 Metric Tons of carbon emissions per year based on EPA standards.

“CEO Rob Safrata has long held a clean energy vision and we are excited to be working with him,” said BYD Canada’s Vice President Ted Dowling. “This aligns perfectly with the recent announcement by British Columbia Premier John Horgan for the need to find other ways to reduce emissions.”

BYD is the world leader in zero emission buses.

BYD Canada was the pioneer in Canada and is now the market leader. In addition to this BC order, BYD Canada has buses on order or in operation for Société de transport de Montréal (STM) and the Réseau de transport de Longueuil (RTL) in Quebec; Toronto Transit Commission (TTC) in Ontario; and St. Albert (STAT) and Grand Prairie in Alberta. BYD had more electric buses on the Canadian roads than any other firm.

Investing more than $250 million in North America to date, BYD has delivered more than 270 buses in North America; and sold or leased in excess of 600 buses in total to more than 50 municipal, transit agency, university, airport, federal and other commercial and private sector clients in 14 U.S. states, and across 4 provinces in Canada.

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 recently delivered 101 of its e6 electric taxis to Bangkok, Thailand.

The e6 is powered by BYD’s proprietary lithium iron phosphate battery which is renowned for being safe, stable, and fast charging. With just two hours of charging time, BYD cars are able to travel up to 400 kilometers.

The BYD order is one of the city’s largest electric taxi fleet orders, and the company aims to introduce 1,000 pure electric taxis in Thailand by 2019.

The new e6 fleet will be utilized as VIP taxis and as part of a car sharing service.

The official selection of BYD as the provider of the country’s first fleet of pure electric taxis is in line with the country’s ambitions of having 1.2 million green energy vehicles ply its streets.

Taxis and buses are a major source of Thailand’s air pollution. With over 100,000 taxis and around 43,000 buses traversing hundreds of kilometers daily between Bangkok and its surroundings, the area suffers from a high level of vehicle exhaust emissions.

“Electric vehicles are being adopted around the world because they are cleaner and less noisy compared to combustion engine vehicles,” said Sanit Promwong, the Director of the Land Transport Department of Thailand. “We ultimately want our people to have a better living environment.”

Thailand has introduced policies ranging from tariff to corporate income tax cuts to boost the production and use of electric cars in the country.

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 has been successfully selected as one of the suppliers for the State of Georgia’s Statewide Contracts for Public Mass Transit & Transportation Vehicles, specifically for battery-electric buses.

The resulting statewide contract will be a “convenience” source for all State of Georgia governmental entities, including but not limited to state offices, agencies, departments, boards, bureaus, commissioners, institutions, colleges, universities, as well as local government, municipalities, cities, townships, counties and other political subdivisions of the State of Georgia.

The statewide contract will also be available to other Governmental entities outside of the State of Georgia.

By leveraging the state’s purchasing power, local governments and transit agencies can benefit from the convenience and competitive pricing of these pre-established contracts. Under the purchasing contract, entities can buy BYD:

• Coaches – the 23-foot C6M, the 35-foot C8M, the 40-foot C9M, and the 45-foot C10M;
• Buses – the 30-foot K7M, the 35-foot K9S, the 40-foot K9M, and the 60-foot K11M.

In addition, BYD has been successfully selected as one of the suppliers for the City of Atlanta’s purchasing contract for electric vehicles, which includes battery-electric heavy duty trucks, support/taxi fleet vehicles, and buses. Departments from the City of Atlanta will be able to purchase from this contract, which will ensure competitive pricing and quicker deployment of the zero-emission battery-electric vehicles.

Furthermore, outside agencies will be able to purchase vehicles under a co-operative agreement with the City. Vehicles in this agreement include the following:

• Buses – 30-foot K7M, 35-foot K9S, 40-foot K9M, 60-foot K11M;
• Coaches – 23-foot C6M, 35-foot C8M, 40-foot C9M;
• Trucks/Vans – 5F (Class 5), 6F (Class 6), 6D (Class 6) Step Van;
• Support and Taxi Fleet – e6 Five-Door Sedan

BYD’s medium and heavy duty all-electric vehicles will help Atlanta achieve its goal of reducing greenhouse gases by 20% from 2009 levels by 2020 and by 40% by 2030.

“BYD is excited to be working with customers in Georgia and we look forward to growing our presence in the state and improving the air quality for Georgians, “stated Bobby Hill, Vice President of North America, BYD Coach and Bus.

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.