Tag: BYD

Apr 30, 2020 - 12:12 pm

BYD remains flexible as quarterly profits drop

BYD’s net profit in the first quarter fell by around 85 per cent year-on-year from 749.7 million yuan to 112.6 million yuan (almost 14.6 million euros). Revenues in the first quarter fell by 35 per cent to 19.68 billion yuan.

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Apr 23, 2020 - 03:00 pm

BYD & Hino to cooperate on electric utility vehicles

BYD and Toyota’s commercial vehicle subsidiary Hino Motors have signed a strategic cooperation agreement in the field of electric vehicles. The agreement initially provides for the joint development of BEV commercial vehicles and will later extend to other areas such as sales.

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Apr 9, 2020 - 06:40 pm

BYD March figures show recovery in vehicle markets

The market for new energy vehicles in China is recovering from the effects of the Coronavirus: Chinese vehicle-making giant BYD sold 337.25% more electric vehicles and plug-in hybrids in March than in the extraordinarily weak month of February.

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Apr 2, 2020 - 02:05 pm

BYD & Toyota JV is ready to launch

Toyota and BYD have completed the formation of their announced joint venture to jointly develop BEVs and their batteries. The joint venture, called BYD Toyota EV Technology (BTET), is based in Shenzhen and is scheduled to start operations in May.

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Apr 2, 2020 - 01:23 pm

BYD faces slumping profits

The Chinese electric car and battery manufacturer BYD has published its preliminary results for the 2019 fiscal year. At just under 121.8 billion yuan, sales were on a par with the previous year, but profits slumped by 42 per cent to around 1.6 billion yuan.

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Mar 30, 2020 - 04:21 pm

BYD forms FinDreams to sell components

BYD will be offering electric car components to third parties in order to diversify their income sources in the face of dwindling demand for cars. The components business is to be conducted through the recently founded sub-brand FinDreams.

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Mar 20, 2020 - 02:33 pm

Coronavirus related retooling

After BYD had recently turned into one of the biggest makers of medical face masks and disinfections in China, Tesla, General Motors and Ford now offered to convert their production in the USA to manufacture urgently needed medical equipment such as respirators.

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Mar 16, 2020 - 08:21 pm

Stagecoach launches first e-double-deckers in Manchester

Stagecoach Manchester has launched 32 all-electric double-decker buses, the first to arrive in the Greater Manchester area. The fleet will serve the 111 and 43 routes connecting Manchester city centre and the airport as well as five hospitals and three universities.

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Mar 15, 2020 - 06:40 pm

Carmakers to step up to help combat Coronavirus

To help combat the spread of Covid-19, BYD says it is now among the world’s largest manufacturers of medical face masks and disinfectants after retooling a plant in China. Meanwhile, the British government is asking carmakers to turn to make respirators.

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Mar 13, 2020 - 01:34 pm

BYD presents forklift dual charging system

On the occasion of its tenth anniversary as a manufacturer of forklifts running on lithium iron phosphate batteries, BYD has presented an innovation in this field: Their new dual charging system. They are also launching the new generation of their PTP20P pallet truck.

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Mar 9, 2020 - 07:55 pm

20 BYD electric trucks headed for Ecuador

BYD has received another order from South America. Public transport provider Transcarsell from Ecuador has ordered 20 electric trucks from BYD for delivery by 2021, the first of which is scheduled for August 2020.

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Mar 4, 2020 - 11:26 am

Alas for the unfortunate people of Indianapolis

In an update on the dispute between BYD and Indianapolis, it seems that now – because BYD’s very popular buses did not provide the promised range – IndyGo has ordered 13 diesel buses elsewhere and cancelled an order placed with BYD in December 2019 for five more electric buses.

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Feb 21, 2020 - 04:20 pm

Los Angeles first electric buses to hit the road in March

The city of Los Angeles will receive the first of a total of 155 electric buses to be delivered over the next two years starting in March. The procurement is part of the Californian city’s plan to fully electrify its bus fleet by the start of the 2028 Summer Olympics.

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Feb 13, 2020 - 12:22 pm

Chinese EV sales drop significantly

The electric vehicle sales of the Chinese manufacturers BYD, BAIC BJEV and Nio declined sharply in January. The main reasons for this were the few business days in January due to the comparatively early New Year holidays and the outbreak of the coronavirus.

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Feb 4, 2020 - 12:02 pm

Newest CAM study shows Tesla as EV sales leader

With record sales of 367,000 passenger cars in 2019, Tesla has increased its deliveries by 50% and thus became by far the strongest selling electric car manufacturer in the past year, ahead of the Chinese manufacturer BYD with 219,000 new energy vehicles.

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Dec 9, 2019 - 04:04 pm

Keolis orders 259 BYD buses to the Netherlands

BYD has received its largest single order ever for electric buses from Europe. Keolis Nederland has ordered 259 battery-electric buses from the Chinese manufacturer to be delivered from summer 2020. This is based on a new ten-year operating concession recently granted to Keolis.

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Dec 9, 2019 - 01:03 pm

BYD to boost electric bus production in India

BYD plans to increase the production capacity for electric buses in India from currently 2,000 to 5,000 per year in cooperation with their partner Olectra. In addition, the order books for the T3 electric delivery van in India are to be opened soon.

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Found on electrive.com
https://www.electrive.com/2020/04/30/byd-remains-flexible-as-quarterly-profits-drop/
30.04.2020 12:09