Trade Resources Industry Views BYD Stands as a World's Leading EV Manufacturer

BYD Stands as a World's Leading EV Manufacturer

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By combing its solar panel business and energy storage sector, BYD delivered a truly zero-emission ecosystem to the world in 2011. Today, BYD makes itself one of the world’s leading EV manufacturers as it topped No.1 by selling most EVs in October in the U.S.

In October, BYD sold 6,101 EVs in USA and won the first place in the sales ranking report. BYD doesn’t see huge success in USA as its EV global sales volume throughout 2015 surged by >220% compared to last year.

BYD climbed from the 7th position in late 2014 to the 1st position in under 10 months as the result of a carefully executed strategy and product/feature-value placements in the China markets (with the QIN, Tang and Song launches). BYD is also dominating in the Electric Bus markets– globally, BYD will deliver nearly 6000 electric buses in 2016, with about 300 zero-emission electric buses scheduled to be built in 2016 from BYD’s North American factory. These numbers alone (6000 in one year) make BYD the Largest Manufacturer of Electric Buses worldwide and surpassed the entire US 2015 bus market volumes.

In the United States, BYD will become more visible because several cities, universities and institutions have signed to use BYD’s EV fleets. New York City, for example, is running BYD’s eTaxi fleet and will have BYD factories expanded.

“It’s the progressive thinking of cities like New York who understand their important stewardship and accountability towards its citizens to make an impactful change in reducing hazardous pollution in our city centers,” said Micheal Austin, Vice President at BYD.

For the future, BYD plans to increase its market share by a “7+4 strategy”: a strategy to change the world by replacing high-utility, fossil-fueled vehicles with clean, efficient, even more reliable EVs for seven on-road vehicle markets in this priority:

  • Battery Electric Buses (Shuttles and Rapid Transit)
  • Battery Electric Taxis (used in 2 and 3 shift operations daily)
  • Logistics Vehicles (operated over 18 hours daily)
  • Private Vehicles for the Consumer Market
  • Battery Electric Motor Coaches
  • Construction Vehicles
  • Waste Management Vehicles

As well as four off-road vehicles for specialized applications:

  • Mining Operations
  • Marine Ports
  • Warehouse and Logistics
  • Airports
Source: http://www.energytrend.com/news/BYD_Stands_as_a_World_Leading_EV_Manufacturer.html
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BYD Stands as a World's Leading EV Manufacturer
Topics: Transportation