Tag: BYD Co

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The first two BYD 100% electric buses are operating in Santiago, Chile. With the debut of the buses, Santiago moves forward as one of the pioneers in the field of electromobility in Latin America, consolidating the new requirements included in Transantiago’s bidding basis.

The electric buses will be operated permanently by Metbus on route 516 and their routes will include the most important arteries of 8 districts of the city. According to the information available, the operational costs will be reduced by 70% compared to conventional diesel buses, reaching a value of 70 Chilean pesos per kilometer, against 300 Chilean pesos for diesel. The full charge of the vehicle has a cost of 19,500 Chilean pesos. BYD’s new energy vehicle footprint currently covers over 200 cities in 50 countries and regions.

Secretary of State, Paola Tapia, stated that “Electromobility is not the future; it is the present we are living today in the capital’s transportation system. We are moving forward in providing quality for users by incorporating the electric buses today, fulfilling the commitment to offer more comfort, greater service efficiency and care for the environment. In 2018 we will have another 90 of these buses circulating; making us electrified public transportation pioneers in Latin America. Our embrace of this technology prioritizes passengers, which forms the basis of the bidding process.” Additionally, Paola said that this strategy highlights the importance of electric vehicles, for their significant contribution to the reduction of pollutants and noise levels in areas of high exposure.”

The Minister of Environment, Jorge Canals, said that “the metropolitan region suffers increased pollution problems during winter, largely by emissions from mobile sources. Therefore, the incorporation of these electric buses comes as a cleaner alternative in urban transport. It is important to emphasize that a vehicle during traffic congestion contaminates 4 times more than one circulating normally.”

The Minister of Energy, Andrés Rebolledo, explained that “the entry of these first two electric buses are great news for a country like Chile, since the transport sector represents one third of the energy consumption, and it imports practically all the fuel used for transportation.”

The General Manager of E-Solutions of Enel Chile, Simone Tripepi, commented that “at Enel we want to be part of the solution of important issues such as the decontamination of cities. Therefore, we have strongly promoted electric mobility in Chile, based on clean energy and lower prices as compared to other fuels. We have the capacity to provide the necessary electrical infrastructure to facilitate the dissemination of electrified public transportation in Santiago and regions.”

Tamara Berríos, BYD’s Country Manager in Chile explained that “One single electric bus prevents the equivalent to the emissions and pollution from 33 gasoline vehicles. So far, BYD has supplied 27 thousand pure electric buses to over 200 cities worldwide, so we are confident that our experience and maturity in this sector will ensure we can successfully deliver a high quality service that will set a new standard of comfort for users and city dwellers in Chile.”

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 is now worth roughly $1.8 billion.

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

© 2017 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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Just weeks after new energy company BYD announced it is in talks to build one of its monrails in Egypt, the company is looking to do the same in the Philippines.

BYD and the city of Iloilo are currently exploring the possibility of constructing a 20-kilometre SkyRail monorail by 2019.

“Air pollution and traffic congestion are twin problems many cities around the world are faced with,” said Liu Xueliang, General Manager for BYD Asia Pacific Auto Sales Division. “We are very excited to bring more of our solutions to the Philippines to create a cleaner living environment for everyone.”

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 is now worth roughly $1.8 billion.

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

© 2017 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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New energy technology company BYD is negotiating to bring its SkyRail monorail to the ancient Egyptian port city of Alexandria, the country’s second largest.

The proposed project will be planned for the construction of a 128 kilometer track. The potential collaboration comes four years after Alexandria local authorities began exploring options to relieve their city of chronic traffic jams.

“Strategic Partnership,” Said General Engineer / Khaled Eleiwa, “BYD has a very strong reputation and reliable image especially in Egypt, we are so glad to have such kind of cooperation step with BYD, and we hope to see the SkyRail operates in Alexandria as soon as possible”.

“BYD’s SkyRail is a clean, affordable and safe way for people to commute. It also utilizes limited road space in towns and cities while minimizing disruption to local communities,” said AD Huang. “Today’s cooperation is a step towards developing wider partnership that we have maintained with Egypt over the past 13 years”.

BYD’s SkyRail is substantially cost saving and quicker to construct compared to a subway, requiring only a fifth of the cost and one third of the construction time. BYD has conducted feasibility studies in more than 100 cities worldwide including the city of Iloilo in the Philippines, and has entered into strategic partnerships with over 10 cities in China. SkyRail is currently operating in Yinchuan, an industrial city in China’s northwest. Construction of BYD SkyRail lines are also expected to begin in 20 cities in 2018.

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 is now worth roughly $1.8 billion.

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

© 2017 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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Chinese battery and vehicle manufacturer BYD reports that Connexxion has ordered 21 units of its new Midibuses for use in the north part of North Holland. The new fleet will deliver a service in largely rural areas during the daytime.

Delivery of the Midibuses and the start of operation is scheduled in the summer of 2018. The new BYD model takes BYD Europe into a new market sector and augments the BYD ebus range which includes single deckers up to 18m longer, double deckers and an electric coach.

The Midibuses ordered by Connexxion have an overall length of 8.75m, two doors and have seats for 26 passengers (with a total capacity of about 50).

According to BYD, this is believed to be one of the largest orders for heavy duty pure electric midibuses in Europe and is certainly the first significant one to be placed by a Dutch operator.

Eric van Eijndhoven, Managing Director of Public Transport for Connexxion, said: “We chose BYD due to its proven and leading electric bus and battery technology. We are delighted to be the first user of this important new model and know our passengers will enjoy the new levels of green performance the buses will deliver.“

Isbrand Ho, BYD Europe’s Managing Director, said: “This is great news which confirms the attractiveness of our new model which brings big bus features to the midibus sector. This is a real bus with all the reliable, heavy duty features operators expect but smaller than our other ebuses and of course totally emissions free.”

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 is now worth roughly $1.8 billion.

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

© 2017 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 Company Ltd., the world’s leading manufacturer of rechargeable batteries, is focusing on the Australian renewable energy market with its proprietary Lithium-Iron Phosphate battery.

At All-Energy Australia 2017 – the country’s largest renewable energy exhibition, BYD exhibited its MINI-ES, B-Box – in high-voltage and low-voltage versions – and Containerized Energy Storage solutions to provide the market with increased efficiency, economy and flexibility.

The BYD B-Box Storage System comes in two versions: low-voltage B-Box LV and high-voltage B-Box HV. The B-Box LV system operates with a Goodwe S-BP inverter, making it the cost effective; and the B-Box HV system operates with an SMA Sunny Boy Storage inverter, which raises the system’s level of efficiency. Both are aimed at the retrofit market that is booming in Australia, that is, a market in which people already have solar panels installed and want to install an energy storage system.

Another advantage of the BYD B-Box systems is that they are modular and scalable from 2.5kWh to 442kWh – users can increase the capacity of parallel battery rack to meet different requirements of energy storage – whereas major competitors only reach 13.5kWh with a large-sized system.

A variety of configurations of the two versions of the BYD B-Box can also be used for commercial purposes.

The MINI-ES is a small-sized, all-in-one residential energy storage system that is easy to install and maintain, with an original capacity of 3kW / 3kWh that can be expanded to 6kWh. This system is fully certified by Australia’s SAA, in line with the latest Australian AS / NZS 4777.2: 2015 standard, and has become very popular with a number of Australian local power grid companies and electricity retailers.

Over 500 Australian households have already installed the BYD MINI-ES.

The BYD Containerized Energy Storage has a modular design to meet different large-scale energy storage projects demands, and features extreme safety, reliability and efficiency. It can be used for peak load and frequency regulation to stabilize renewable energy or as a back-up system to prevent outages.

Current installed capacity of BYD ESS exceeds 400MWh globally.

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 is now worth roughly $1.8 billion.

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

© 2017 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 Liverpool is now the first British provincial city to run pure electric buses from the BYD ADL partnership.

The BYD ADL buses will be operated by Arriva Merseyside and begin service later this month on the City Centre Circular Routes 26 and 27, known as The Belt.

In July 27, 2015, BYD announced a joint project with British bus manufacturer Alexander Dennis Limited to build single-deck zero-emission buses.

The delivery of the buses follows a joint bid under the Government’s OLEV scheme by Arriva North West and Merseytravel. The new buses will operate an intensive service from the Liverpool One bus station and be based at Arriva’s Green Lane bus depot in Liverpool. BYD chargers have been installed in the depot.

The order is significant in that it is the first to be won by the ADL BYD partnership (with ADL as prime contractor on this occasion) outside London where the partnership has enjoyed considerable success, winning every Transport for London (TfL) tender so far for full size pure electric buses – a total of 157 are now in service or on order to serve TfL routes.

The buses for Merseyside will cover 100 to 130 miles per day (most will operate 12 hours a day but one duty cycle calls for a 19-hour operating schedule) and will be charged overnight. In line with all ADL BYD joint products, the new buses are designed to operate a full day’s duty cycle on one charge, without the need for disruptive ‘top up’ charging during the working day and enjoy the benefit of lower cost off peak electricity. The BYD ADL solution ensures that operators do not have to purchase additional buses beyond the number of their current diesel fleet in order to maintain service on the route due to the outstanding battery capacity and range.

The ADL BYD Enviro200EVs being supplied to Arriva feature a provincial specification with the fitting of 38 seats. There is space for another 32 standing passengers and there are USB charging points throughout the buses.

Howard Farrall, Arriva Merseyside managing director said: “Arriva is committed to ensuring its fleet meets the latest clean vehicle standards. We are extremely proud to be joining forces with ADL and BYD UK at the forefront of the electric bus revolution. This new partnership will further contribute to Arriva’s ‘Destination Green’ environmental goal, which includes ambitious plans to reduce carbon emissions, conserve energy and invest in renewable sources”.

“This is a landmark moment not just for the successful BYD ADL partnership but for the roll-out of zero-emission electric buses in British cities. We are delighted as prime contractor to help Arriva Merseyside and Merseytravel make buses an even cleaner and greener option for Liverpool. Arriva’s Enviro200EV demonstrate that the technology is ready to roll out fully electric buses in provincial towns and cities without compromising on operational efficiency,” said Arthur Whiteside, Managing Director – UK Sales at ADL.

“Liverpool is pioneering a route for other British cities and one which they can follow with full confidence that the BYD ADL partnership can deliver a range of proven, efficient and attractive products which can play a key role in improving city street air quality. We will be working hard to build on our leading role in London in other cities”, said Isbrand Ho, Managing Director, BYD Europe.

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 is now worth roughly $1.8 billion.

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

© 2017 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, the world’s largest manufacturer of electric vehicles, is celebrating the addition of a new wing to the current BYD Coach and Bus facility in California.

The expansion of its Lancaster, California facility brings it total manufacturing space to nearly 450,000 sq. ft. This expansion nearly quadruples BYD’s facility from its initial 2013 footprint.

The growth of BYD Coach and Bus reflects a rapid transition to electric transportation and will allow BYD to build up to 1,500 battery-electric buses annually. Since BYD established its U.S. electric bus manufacturing capabilities in Los Angeles County, the company has created nearly 800 full-time jobs throughout the state. This manufacturing facility expansion will enable BYD to hire up to 1,200 full-time workers at top production-line capacity.

This manufacturing facility is powered 100% by renewable energy, which is provided by the City of Lancaster’s Energy Company, Lancaster Choice Energy.

BYD is the undisputed leader as North America’s largest electric bus manufacturer, having delivered 137 electric buses in the U.S. and Canada, including more than 75 buses delivered in 2017. BYD is currently producing an additional 300 buses based on current customer orders and has options for more than 300 additional electric bus purchases.

BYD’s buses operate in transit agencies, universities and airports across North America, with more than 40 customers including LA Metro, Los Angeles Department of Transportation, Stanford University, UCLA, UC San Francisco, UC Irvine, Anaheim Resort Transportation, Long Beach Transit, Denver Regional Transportation District, City of Albuquerque, SolTrans, SunLine Transit, Link Transit, COMO Connect, Antelope Valley Transit Authority, and many others.

The BYD Coach and Bus facility also supports R&D and assembly for BYD’s battery-electric medium- and heavy-duty trucks, including delivery, drayage, refuse, and yard trucks, among other product lines. These trucks incorporate the same proven core components that are used in BYD’s commercialized buses and vehicles with several hundred million service-proven miles. By the end of 2017, BYD will have delivered 70 all-electric trucks to 15 customers in North America, with orders for more than 140 trucks to-date.

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 is now worth roughly $1.8 billion.

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

© 2017 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 delivered the first three pure electric e-buses for the public transportation in Turin, Italy.

The three BYD e-buses are the first of a fleet of 23 which are being delivered after BYD won Italy’s first big tender for 12 metre pure electric buses which was awarded in September last year.

Twenty of the buses will serve routes in Turin with a further three going to nearby Novaro.

The long range, full size e-buses will operate on Piedmont Region’s urban transport networks connecting the city centers with suburban areas. BYD will also supply full service support for 10 years.

“We are proud to manage, in Turin, the first 12 metre electric bus fleet in an Italian city”, said President and CEO of GTT, Walter Ceresa. “This is an important environmental contribution, that confirms GTT as a cutting-edge company in innovative solutions for Public Transportation”.

“Italy, together with the UK, France and countries in Benelux and Scandinavia, is now truly a top market for BYD in Europe thanks to the vision of GTT to make Turin green”, said Isbrand Ho, Managing Director of BYD Europe in Turin today. “We are delighted to win this order in the face of strong international competition”.

The tender announced by GTT (Gruppo Torinese Trasporti) in the Autumn of 2015 was the first and most important modular tender for the purchase of large electric buses in Italy.

GTT, owned by the City of Turin, serves a metropolitan area with 2 million citizens and operates a fleet of more than 1,100 buses. The BYD e-buses are the first new buses to be ordered for almost 5 years.

Across Europe bus operators are showing an increasing interest in pure electric technology: a technology that is the natural, inevitable evolution of urban public transportation in the medium term.

BYD is the world-wide market leader with over 20,000 buses delivered, as of the end of 2016.

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 is now worth roughly $1.8 billion.

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

© 2017 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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With Tesla focusing primarily on the passenger car market, Chinese new energy company BYD has positioned itself as the world leader in pure electric bus design and development. The company is rapidly moving the e-bus from an experimental novelty to the next generation of reliable urban mass transit.

BYD recently stated that had a confirmed bus orderbook of more than 20,000 buses at the end of 2016.

BYD’s strength in the United States market is growing rapidly. In July, the Board of Los Angeles Metro, one of the largest transportation systems in the United States, voted today to award a contract for 60 40-foot all-electric buses to local manufacturer BYD. This was among the largest single contracts for electric buses in US history.

The buses are being assembled in BYD’s factory in Lancaster, California, and will enable the company to add 59 employees.

BYD has been increasing its manufacturing capability around the world, opening assembly plants in Argentina, Hungary, and France.

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 is now worth roughly $1.8 billion.

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

© 2017 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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Going head to head with Tesla’s Powerwall, Chinese new energy technology company BYD is looking to capitalize on the success of its B-Box home power storage system and will introduce the device in the US later this year.

The company will initially focus on east and west coast states, as well as Hawaii, where conventional electricity costs are high, and grid constraints make storage applications attractive.

BYD’s B-Box systems are already on sale in Germany, where it uses nine battery modules for a combined capacity of 11.52 KWh. The modular design enables the capacity of the B-Box system ton be further expanded as required. Up to five systems in total can be connected in parallel.

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 is now worth roughly $1.8 billion.

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

© 2017 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.