BYD To Build Another Electric Bus Factory, Spending Over $600 Million

1 year ago by Mark Kane 8

BYD Motors Electric Buses

BYD Motors Electric Buses

Huge BYD electric bus delivery jammed the highway

Huge BYD electric bus delivery jammed the highway

Nikkei reports that electric bus colossus BYD intends to build anothere EV bus (and other ‘special’ electric vehicles) plant in China, once again underlining the brands dominance in the country.

The expected investment will reach ~4 billion yuan ($614 million).

“The company announced the plans Monday for the plant in Taiyuan, Shanxi Province. It will be a key facility for electric vehicles, along with factories in Shaanxi Province’s Xian, Hunan Province’s Changsha, and Shenzhen in Guangdong Province, where BYD is headquartered.”

How great the potential output could be, is best illustrated by the announced capacity of 5,000 electric buses annually and 5,000 “special-purpose vehicles for construction and other applications“.

To date, BYD has separately reported over 6,000 buses deliveries for revenue services around the world, so even for BYD this new plant would be big leap foward in production. We imagine that fully maximizing output will still take some time.

“The new plant will have an annual capacity of 5,000 electric buses, in addition to 5,000 special-purpose vehicles for construction and other applications. Such larger electric vehicles carry higher profit margins than electric passenger cars. BYD expects the new facility to generate annual sales of 15 billion yuan.”

source: Nikkei

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8 responses to "BYD To Build Another Electric Bus Factory, Spending Over $600 Million"

  1. Mikael says:

    BYD is “only” the third most seller of electric buses in China, so I would hardly call it dominating 😛

    1. Elroy says:

      How do those other brands compare to BYD in total EV vehicles though? Not counting NEVs. Perhaps BYD does dominate.

      1. Mikael says:

        For proper EV cars then BYD is definitely dominating in China, and on top globally too.

  2. ItsNotAboutTheMoney says:

    Great news.

    Passenger transportation miles are the ones that should be able to be replaced, and that means private vehicles, taxis and buses.

  3. Someone out there says:

    The more the merrier. We can’t get off oil soon enough!

    1. AlphaEdge says:

      Exactly, this guy gets it.

      It’s the reason why I refuse to choose favorites. If it does not have a tail pipe, and allows me to breath cleaner air, I’m all for it.

  4. Para transmilenio

    1. bad English says:

      Desde luego,un Transmilenio eléctrico sería perfecto.