BYD To Build Only Electric Cars End Production Of Gasoline Cars?

24 Апр 2014 | Author: | Комментарии к записи BYD To Build Only Electric Cars End Production Of Gasoline Cars? отключены
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BYD To Build Only Electric End Production Of Gasoline Cars?

battery electric crossover: BYD e6 drive, Los Angeles, May 2012

automaker BYD. or ‘Build Dreams’, could be on the verge of convenionally-fueled car production in favor of vehicles.

Already known for vehicles like the e6 crossover, BYD is for a re-birth plan to counter a slump in sales.

Reuters reports the Chinese which is part owned by Warren Buffett, could making gasoline vehicles the next two years.

BYD’s net has collapsed in recent years, $61.1 million four ago to only $13.1 million year.

Recently the Chinese attempted to break into the market, a plan that has so far to materialize, despite assertions the would start by delivering to the fleet market. A series of challenges have seen BYD in the for all the wrong reasons. Despite big for the e6, it has been relegated to taxi and car status.

One un-named BYD executive told . The last three years been tough, and painful at Everybody beat us up. A lot of long-term and friends of the company lost with us.

BYD’s business are wide-ranging, manufacturing everything batteries for personal electronics, LED light bulbs, solar and electric and gasoline cars and

The company’s solar arm could be on, and its increasingly uncompetitive gasoline-powered would face the chopping BYD is expected to unveil its Green Technology when this Shanghai auto show on Saturday, so hybrid models are to get a stay of execution.

While battery-electric cars are doing in China, BYD says this is its true experience lies, and has the to make it work—though such a is still incredibly risky in the term.

Yale Zhang, head of consulting firm Automotive said They either something we don’t or they’re going to take a long over 5-10 years, to this radical transition so there’s little risk.


That risk is multiplied if government stalls over the of big incentives for electric and hybrid

And like electric vehicle elsewhere are starting to realize, the key is to build a product that want to buy. In China, electric car sales have not yet off, that might not be an easy goal.

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