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BYD striving to develop new energy vehicles

  • Source: Ce.cn
  • [08:50 August 25 2009]
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Moreover, BYD has rapidly developed as one of China's brands with innovation capability. Its auto products include the fuel car with varied high, mid and low-grade series, auto moulds, auto parts and components, dual-mode electric autos and pure electric autos.

Since the beginning of establishment, BYD has been attaching great importance to independent innovation and the protection of intellectual property right (IPR).

In 2000, BYD initiated a scientific and technological innovation project taking IPR as the precondition, and set up IPR and law department. Up to now, BYD has applied and obtained 6000-odd authorized patents in China and 500-odd patents overseas.

Last December 15 is a day that BYD is worth celebrating. Through five years' research and development, BYD F3DM dual-mode electric auto, the globally first-type new energy auto, which is independent to special charging station, debuted in the market officially after being approved by related national departments, which symboled BYD's success in the electric auto project.

A F3DM dual-mode electric auto is equipped with a BYD371QA full-aluminum engine, whose power per liter reaches 50kw, plus a 75kw electric motor, the total output power of a F3DM dual-mode electric auto reaches 125kw, which is equal to the power output of a 3.0-liter engine.

Under the pure electric mode, the F3DM dual-mode electric auto achieves the longest endurance mileage of 100km with the maximum speed of 150km per hour worldwide, and the total endurance mileage can reach over 500km when fuel and electricity are fully recharged once.
BYD's such electric auto is equipped with advanced dual-mode (DM) system, which enables the auto to switch between pure electric mode and hybrid power mode freely.

Wang Chuanfu told the reporter that the core technology to develop new energy autos is power battery. BYD's LiFePO4 battery has met the requirements of low cost, high capacity and high safety, and such a technology has applied 22 national patents.

Compared with traditional autos, electric autos are provided with unexampled advantages in economic performance and environmental-friendly performance.

In terms of the economic performance of fuel, the power consumption of a F3DM dual-mode electric auto is only 16kwh per one hundred kilometer under the pure electric state, making a calculation on the basis of RMB0.6 yuan per kwh, to drive 100 km will spend about RMB9.6 yuan, which is about a quarter of the cost of fuel consumption.

Since last year, BYD as a holder of the core technology of electric auto has started to be noticed and recognized by international capital market. Last September 27, Warren Buffet, the internationally well-known investor, purchased 10 percent of BYD's shares with HK$1.8 billion.

As introduced, for the moment, BYD F3DM dual-mode electric autos are selling to group clients.

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