BYD ELECTRIC BUSMAKER * China: Entering american market
* Shenzhen - A Chinese automaker is taking a back road into the American market on a battery-powered bus
BYD Co. has quietly built a U.S. business supplying rechargeable buses to environmentally-minded transit agencies. Its factory north of Los Angeles, opened in 2013, is on track to deliver 300 this year... The company has dipped its toe into the U.S. auto market by launching test fleets of plug-in electric taxis in Chicago and New York City... BYD's batteries are heavier than its competitors' but the company says their iron phosphate chemical mix is safer than those made of lithium and cobalt that sometimes can catch fire if punctured... Abroad, BYD faces more hurdles in countries that don't promote electric vehicles as aggressively as China does... In its home city of Shenzhen, the local government has bought more than 4,000 buses and the government of surrounding Guangdong province ordered 6,432 this week. The state-owned utility installs charging stations — something BYD cannot take for granted in other markets...
(Photo - An electric bus produced by China's BYD Co., is parked at the announcement of the opening of an electric bus manufacturing plant) -- Shenzhen, China - AP/The San Francisco Chronicle — April 22, 2016
Labels: electric busmakers news