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Coda Automotive is supposed to start selling its electric sedan next month. On Friday, its parent company announced that it was also moving into a related line: stationary batteries for electricity storage. [...] Jan. 16 (Bloomberg) — BYD Co., the automaker partly owned by Warren Buffett’s Berkshire Hathaway Inc., rose to a two-month high in Hong Kong after the People’s Daily today reported China’s government will exempt three of the company’s electric car models from vehicle-usage tax charges. [...] BYD Co., the Chinese carmaker partly owned by Warren Buffett’s Berkshire Hathaway Inc., rose by the most in a month in Shanghai after the government said a new vehicle tax may not apply to autos using alternative energy The Housing Authority of the City of Los Angeles extended an existing contract allowing electric cars from BYD Motors Inc., to run with their fleet as part of testing program. [...] LOS ANGELES, Dec 09, 2011 (BUSINESS WIRE) — The Housing Authority of the City of Los Angeles (HACLA) announced the extension and amendment to the existing contract with the BYD Motors Inc., to continue the EV (electric vehicle) testing Program. The initial contract, signed in December 2010 was extended for one year term, starting January 1, 2012 and ending December 31, 2012. The F3DM (Dual Mode) sedans are used in HACLA fleets to conduct housing inspections. During the last year, the fleet has traveled over 37,000 miles and the HACLA has seen considerable savings in gas expenses. This year, the Agency was able to negotiate new terms of agreement with the BYD Motor, Inc. and will continue the testing program with seven (7) BYD vehicles. [...] For the price of BYD Co.’s electric vehicle, Chinese consumers could buy a BMW and still have enough spare cash for more than one year’s worth of gas. [...] BUENOS AIRES (Dow Jones)–Chinese electric vehicle and battery maker Build Your Dreams, or BYD Auto Co., has signed an accord with local manufacturers to develop electric public-transportation vehicles and lithium batteries in the South American country, Argentina’s production ministry said in a statement Tuesday. Gasgoo.com (Shanghai October 31) – BYD has seen a major swing for the better performance in this past third quarter. According to a report in the China Securities Journal today, the manufacturer’s business returns grew 10.95 percent from last year, and its net profit grew an astounding 582 percent, totaling 77.37 million yuan ($12.23m). [...] The BYD E6 may not have a name as evocative as the Nissan Leaf or the kerb appeal of the forthcoming electric Fiat 500, but if the performance figures being claimed by Chinese car builder are accurate, the family-sized electric car will, at 186 miles, have the longest range of any family-sized EV (electric vehicle) currently on sale. [...] BYD e6 at 2011 Geneva Motor Show, photo by Robert Llewellyn [...] Los Angeles touted landing the North American headquarters of Chinese carmaker BYD Co. as a win that would generate jobs for the second-biggest U.S. city and make it a center for the growing market for electric autos. [...] By Alan Ohnsman and Christopher Palmeri [...] Gasgoo.com (Shanghai October 19) – Despite the numerous risks and challenges associated with the new energy vehicle market, BYD is committed to its current market strategy. The Beijing Youth Daily quoted BYD Vice President Lian Yubo’s annoucement on the floor of this year’s Global Automotive Forum that his company was focusing on development in three forms of energy-saving for automobiles: solar energy, stored energy and electric. [...] Opposites, it’s said, attract. And automakers don’t come much more opposite than Daimler AG and BYD. Daimler is the parent to such prestigious brands as Maybach and Mercedes-Benz, and is known the world over for building fine and durable automobiles. [...] Just the Facts: •Daimler boss Dieter Zetsche says the design of the electric car being developed with Chinese partner BYD “is frozen, and the first prototype will appear next April.” [...] When running through the auto sales figures for the entire Chinese market earlier this month I was slightly surprised to see that BYD had a rather good month, despite the doom and gloom surrounding their brand BYD pulled in some strong sales with its F0, F3, L3 and G3 models, but the real surprise came from its new energy cars. In August 2011 BYD saw sales of 265 E6′s, which according to BYD’s PR department was due to a large fleet purchase by Shenzhen’s Pengcheng Taxi Company who took on 250 E6′s for their own fleet, 46 F3DM’s also rolled out of BYD bringing total yearly sales for that particular model to 395 units. [...] This year hasn’t been easy for Chinese automaker BYD, thanks to abysmal performance on the Chinese stock-market, accusations of copyright infringement and a launch schedule that it just can’t seem to keep to. [...] As a one-site mode supplier of cell phones, BYD manufactures various excellent cell phone components. As the leading ODM supplier relying on vertical integration developing mode, BYD provides all-around service including product design, manufacturing, testing, assembly and after sale service. BYD’s IT products include Rechargeable Batteries, Plastic Mechanical Parts, Metal Components, Metal Electronics, Keypads, Microelectronics, LCD/LCM, Opto-Electronics, FPC, Chargers, Connectors, UPS, DPS, PV, Cell Phone Decoration, Cell Phone ODM, Cell Phone Testing, Cell Phone Assembly, Laptop PC ODM, Validation and Assembling. Due to its continuous innovation in technologies, R&D and services, BYD has won the trust of many customers including Nokia, Motorola, Samsung and other top international telecommunication companies. [...] Established in 1995, BYD is a top high-tech enterprise in China specializing in IT, automobile, and new energy. [...] SHENZHEN, Sept 9 (Reuters) BYD Co Ltd said on Friday that it expects a steady decline in capital expenditure through to 2012 as the Warren Buffettbacked Chinese battery and car maker focuses on internal restructuring instead of expansion. [...] In the face of ever increasing oil prices some companies stepped up and produced EV’s, GM produced the Volt, Nissan made the Leaf, Honda tried another route with a hybrid sports car that the everyday man could afford, Tesla threw caution to the wind and made a super car for super salary owners. BYD on the other hand, realized that the average Chinese consumer wanted to save money and get better range from an EV, so they made the E6 EV. The first E6 was not exactly shouting “take my money” but this revised version is looking a lot more handsome around the front and rear ends than its predecessors. The original model looked like it was three years too late to the market in terms of design, but the below model is certainly showing a 22nd century vehicle. [...] |
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