BYD’s eBus Swings Into Service in Israel; $113.8 Million Deal for 325 More Electric Buses in the Works?
Israel’s bus operator, Dan Bus Company, recently started operation of the country’s first full-size electric bus, the BYD ebus in Tel Aviv.
This sort of testing taking is now taking place all over the world, but in this particular case, BYD is trying to get Dan Bus to invest €85 million on electric buses over the next five years. The Israeli operator hopes to replace about 25% of its 1,300 existing buses (not counting hundreds of minibuses) with EVs.
A quick calculation shows us that a 325-unit bus order in the works, which with €85 million invested means about 260 thousands euro ($350,000) per unit on average.
Michael Nagar, Chairman of Dan, and CEO Shmuel Refaeli, said at the inauguration ceremony:
“Today we mark a new era in the vision of public transportation being led by Dan. The quiet and comfort of travel in the electric bus hails a revolution in consumer experience, and we plan on offering this experience to all Dan passengers around the country. We thank Clal Motors and BYD for this strategic cooperation. We wish everybody a safe and quiet ride.”
Doron Vadai, CEO of Clal Motors (BYD importer), stated:
“Public transportation based on electric buses is part of Clal’s and BYD’s vision of the green city, which includes electric buses and cars, generation of electricity through solar energy and use of energy-efficient LED lights. We are delighted to be partners in Dan’s implementation of the vision in Tel Aviv.”
Isbrand Ho, BYD Europe’s Managing Director added:
“We are delighted to be partnering with Dan Bus and Clal Motors to bring our green technology to Israel for the first time. We are confident that our ebus will bring welcome environmental and cost benefits to Tel Aviv’s bus fleet”.