Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

BYD Announces EV Fleet Results at Anniversary of Green-Taxi Project

04/28/2011 | 08:15pm US/Eastern

Today marks the one year anniversary of the world's largest all-electric vehicle Taxi fleet, manufactured by BYD. In conjunction with this anniversary, BYD announced results of several of its electric vehicle pilots - the F3DM, e6 and eBUS-12 which are in fleet testing across the world. Fifty of BYD's e6, five-seat crossover vehicles, each with a range of over 160 miles (up to 300 Km) and a top speed of 88 mph (140km/h), have been in service at Shenzhen-based Pengcheng Electric Taxi Company since April 29, 2010. The Shenzhen e6 Taxi fleet has now accumulated ~1,730,000 all-electric miles (or 2.77 million kilometers). The distance traveled for single fleet vehicles has reached ~63,000 miles each (>100,000 km). "This fleet of 50 e6 taxis has survived the very harsh operating conditions of hot Shenzhen summers and a very cold winter this year, and drivers and passengers alike have been extremely satisfied with their ride experience," according to Stella Li, Senior Vice President. 250 more eTaxis are being delivered to the International University in Shenzhen before August this year. According to collected data, the per-car-fuel-savings is over $1167 per-Taxi-per-month (driving an average of 400Km per day). BYD's all-electric Taxis are expected to help Shenzhen avoid about 133 lbs (or 60.4Kg) of carbon-dioxide pollution per day per Taxi. This is an equivalent of 2,425,060 lbs (or 1.1M kg) of carbon-dioxide pollution saved by this fleet in the first year.

BYD electric Taxi in Shenzhen (Photo: Business Wire)

BYD electric Taxi in Shenzhen (Photo: Business Wire)

The most important finding in the e6 fleet testing was that there has been no noticeable energy drop - both driving range and battery performance has been stable in rapid-charging conditions over the 1.73M miles tested - a breakthrough in EV rapid-charging. BYD has been challenged by the media about its claims of long-range electric vehicles and superior battery longevity in rapid-charging regimes since launching its first dual-mode, electric and plug-in-hybrid electric vehicles in December 2008. With the results of the e6 fleet, which was continuously rapid charged in 20- 30 minutes, BYD now has a proven track record for its Iron-Phosphate battery technology. The data is there to show vehicle charging efficiencies, consumption efficiencies, and EV ranges over time-- all with rapid-charging regimes.

BYD also reported on its F3DM fleet which BYD launched in its first US tests at the Housing Authority of Los Angeles (HACLA). The F3DM can travel over 40 miles all-electric but can be engaged to act as a Hybrid-Electric (HEV) to extend its range up to 300 miles. The HACLA fleet has now accumulated ~10,430 miles all-electric and 14,430 total miles (4,000 fuel-driven miles when extended range was necessary). The fleet is achieving an equivalent of 88 mpg and BYD estimates the per-car-savings---even netting out EV charging and electricity costs-- is ~70%. BYD's dual-mode cars are expected to save HACLA about 37 lbs of carbon-dioxide per-day-per-auto when driven to the EV range.

In China, BYD launched an all-electric bus fleet with the eBUS-12 (click for video link) in Shenzhen and Changsha, China in January 2011. These fleets have already accumulated 28,802 all-electric miles (46,380 Km) while undergoing a 3-hour-charge of the 324 Kwh FE battery. An example of the per-eBUS-savings for Shenzhen's Bus Line 202 (driving only 200Km per day) is about $2833 monthly per eBUS. 300 more buses will be delivered to Shenzhen in August of this year. BYD's all-electric eBUSes save about 708 lbs (or 322Kg) in carbon-dioxide emissions per eBUS per day.

In total, BYD EVs have accumulated over 1.769 million all-electric miles and have seen no diminished range or capacity due to rapid-charging. BYD vehicles are estimated to have already saved $360,000 in fuel costs and over 2.776 million lbs of carbon-dioxide. BYD launched consumer sales of the F3DM in September 2010 and anticipates very good demand for the BYD e6 and all electric vehicles in China, fueled in part by government incentives for the purchase of electric vehicles. "Consumers that purchase pure electric vehicles will also enjoy the special privilege of "license-plate-lottery-free, no traffic restrictions and tax-free exemptions (paid by the government)." (LINK: http://english.peopledaily.com.cn/90001/98649/7344880.html)

About BYD

BYD is ranked #1 at the top of Bloomberg's and BusinessWeek's 2009 Tech 100 List (http://www.businesswire.com/news/home/20100520006751/en/BYD-Tops-Bloomberg-Businessweek%E2%80%99s-12th-Annual-Tech) and is the leading manufacturer of advanced, environmentally-friendly battery technologies like the BYD's Iron Phosphate battery. BYD's solar panels and LED lighting systems have TUV/CE and UL listings, and the company enjoys rapid growth in consumer electronics space and automobile manufacturing under its BYD brand. With investments from Warren Buffett (Berkshire Hathaway) and MidAmerican Energy Holdings, today, BYD is the fastest-growing Chinese automotive and green energy technology manufacturer. The Company trades on the Hong Kong exchange (HKE) under the ticker numbers (HK.0285 - BYD Electronics) and (HK.1211 - BYD Company Ltd). For more information, visit www.bydit.com or email pr@byd.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6702788&lang=en

IN CHINA CONTACT:
BYD
Jasmine Huang, +86-755-8988 8888
pr@byd.com
or
IN US CONTACT:
BYD
Micheal Austin, +1-800-BYD-AUTO
micheal.austin@byd.com


© Business Wire 2011
React to this article
Latest news
Date Title
08:01p BRIGHTCOVE : PrimeTime Entertainment Launches in Thailand, Selects Brightcove’s Zencoder to Power Multi-screen Video and On-demand Content
08:01pDJMcDonald's New Chief Plots Counter Attack
07:58p UNITED RUSAL : Continuing connected transactions purchase of raw materials for repairing
07:58p CHINA HANKING : Inside information hanking gold produced and sold its first gold pour
07:58p ADVANCE SCT : MISCELLANEOUS :: RESULTS OF EIGHTH CREDITORS’ MEETINGS
07:50p HSBC : Forex- Aussie weaker in early Asia with China HSBC PMI Feb final ahead
07:50p GULF KEYSTONE PETROLEUM : Oil price volatility to curb M&As
07:46pDJJapan Capex Still Sluggish MOF Survey Shows
07:46p Asia edges up after China rate cut, euro sags
07:43p ABS AUSTRALIAN BUREAU OF STATISTICS : Increase in the number of Australian businesses (Media Release)
Latest news
Advertisement
Hot News 
ALPHATEC : posts 4Q loss
GIGA TRONICS : Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities, Financial Statements and Exhibits (form 8-K)
TCPI : is Evaluating Claims Filed on February 26th, 2015
OPTOS : Shares Surge Higher On Recommended Takeover Bid From Nikon
Weight Watchers Loses Money, Members -- 2nd Update
Most Read News
06:32p EXCLUSIVE : NXP nears deal for Freescale Semiconductor - sources
06:03p PURE WAFER : 2015 02 25 Trading Update Following Fire
06:08p HAVYARD ASA : Lasse Stokkeland new head of Havyard Ship Technology AS
06:23p AUDI : BRIEF: Police respond to shots fired in Erie
07:17p PHYTOTECH MEDICAL : ASX:PYL) Agreement to Commercialise Revolutionary Vaporiser Device
Most recommended articles
07:46pDJJapan Capex Still Sluggish MOF Survey Shows
07:46p Asia edges up after China rate cut, euro sags
07:40pDJNEW WORLD DEVELOPMENT : Re-Designates Adrian Cheng as Vice-Chairman
07:40pDJNXP Semiconductors in Advanced Talks to Combine With Freescale Semiconductor -- Update2
07:27p China's economic growth expected to slow to 7 percent in first quarter - state think tank
Dynamic quotes  
ON
| OFF