BYD striving to develop new energy vehicles
- Source: Ce.cn
- [08:50 August 25 2009]
- Comments
On June 12, BYD Company Limited delivered 10 sets of F3DM new energy autos to the government of Shenzhen city.
As an enterprise with lofty ideal to develop national auto industry, BYD has always been watching closely the electric autos that represent international environmental-friendly trend and industrial orientation since its establishment, and over several years' persistent study and innovation, finally, on December 15, 2008, BYD launched the first dual-mode electric auto F3DM all over the world, which is independent to charging power supply and developed a new world for the development of China's new energy autos.
Wang Chuanfu, President of BYD Company Limited, told the reporter that after marching into the auto industry, BYD took the road of independent development in R&D, production and brands and spared no effort to forge world-class independent auto brands, thus, a rapid development had been realized and a good performance had been achieved.
Facing the international financial crisis, BYD seize opportunities and expedite development driven by the government's favorable policies, and a prosperous development situation came to light both in production and sale.
Supported by the government's favorable policies, such as "Autos going to the countryside", "New replacing old" and halving the purchase tax on 1.6-liter below autos, BYD is full of confidence.
Wang Chuanfu expressed that it was expected that the sales revenue of BYD would reach RMB80 billion yuan this year.
BYD was set up in 1995 and its predecessor was a battery manufacture enterprise.
Over only several years, it had become a global leading secondary battery manufacturer from an unknown factory. However, the goal of BYD's initiator Wang Chuangfu is to develop electric autos.
Wang Chuanfu believes that under the background of short energy sources and strengthened environmental-friendly sense worldwide, electric autos represent international trend and the development orientation of auto industry in the future.
In fact, such developed countries as US and Japan have always been injecting huge investment in the research of electric autos and have launched some auto types, but the main function of battery units and electric power is to enable gasoil engine to keep the best and most fuel-efficient operational state for a long time.
It is believed universally that electric autos are provided with such limitations as short endurance mileage and long recharging time.
Since involved in battery industry, BYD has accumulated plenty of technical patents, and after realizing breakthrough in terms of battery manufacture scale and scientific technology, the company began to launch into the auto field. Since 1996, BYD has commenced researching and developing the battery for electric autos.
In the end of 2002, BYD official established a project department for electric autos, starting the project of researching and developing pure electric autos. In 2003, BYD officially purchased Xi'an Qinchuan Automobile Co., Ltd. and began to enter into the field of auto manufacture and sale.
Till now, BYD has reached the international leading standards in many aspects, such as complete auto manufacture, mould R&D and auto type development and the industrial pattern has been perfected increasingly.
