Trade Resources Company News BYD Has Entered Into a Cooperative Agreement with Municipal Government in China

BYD Has Entered Into a Cooperative Agreement with Municipal Government in China

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Chinese automaker Build Your Dreams (BYD) has entered into a cooperative agreement with Dalian’s municipal government in China to supply 1200 zero-emission, electric buses to the city.

BYD to Supply 1200 Electric Buses to City of Dalian, China

Under the deal, the city government will purchase 600 BYD electric buses in 2014 and remaining 600 units in 2015.

The partnership also includes the conversion of more than 50% of newly purchased taxis in Dalian to new energy vehicles. It will support the 'new energy vehicles promotion and local environment improvement' initiative in the city.

Besides this, BYD founder and CEO Chuanfu Wang has announced that the company will open a new electric bus manufacturing plant in the Dalian Huayuankou Economic Zone.

Chuanfu Wang also announced product introductions including the electric bus and fully electric e6 SUV.

Image: BYD's all-electric rapid-transit bus. Photo: Courtesy of Business Wire.

Source: http://automobiledistribution.automotive-business-review.com/news/byd-enters-cooperative-agreement-to-supply-1200-electric-buses-in-china-100314-4192284
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BYD to Supply 1200 Electric Buses to City of Dalian, China
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