BYD Receives Order For Over 600 Electric Buses and 400 Electric Taxis From Nanjing, China

MAR 7 2014 BY MARK KANE 12

BYD e6 Taxi in China

BYD e6 Taxi in China

BYD announced recently that China and the Nanjing Public Transportation Group will buy over 1,000 electric vehicles to electrify the public transport fleet in the ancient capital of China.

The order includes over 600 electric buses K9, from which 50 have already been delivered ahead of the city’s Youth Olympic Games in August 2014. Six hundred is a huge number for BYD, probably higher than all existing electric bus orders from the other manufacturers combined.

Additionally. Nanjing Jiangnan Electric Taxi Ltd. will be operating 400 all-electric e6 taxis. Here again some of the e6s have already hit the streets.

“Nanjing is one of the pilot cities in China that has been chosen by the Central Government to participate in air quality improvement programs. In November of last year, Nanjing and BYD signed a strategic co-operation agreement that also brought BYD to the area to build and develop their zero emission products.”

Isbrand Ho, a BYD Managing Director stated:

“The Nanjing announcement will create one of the world’s largest fleet of pure electric public transport vehicles and certainly the largest supplied by BYD to date. This is a positive sign of the growing acceptance of pure electric transport vehicles such as the ebus having a significant role in making urban environments less polluted.”

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12 Comments on "BYD Receives Order For Over 600 Electric Buses and 400 Electric Taxis From Nanjing, China"

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Wow. Beyond awesome.

The Chinese Central Government in the lead for something good; now that’s a refreshing change.

This is precisely the type of critical-mass moves that

1. Can (almost) only be done by major world governments, and
2. Can be a game-changer for EV history.

Envision visiting a city with 1000 EV buses and 400 EV taxis. No one will fail to notice that, and other Chinese cities will soon want to follow.

This move might prove to be as momentous as the US Federal government’s half-billion loan to Tesla when it was on the brink of bankruptcy in the depth of the Great Recession.

Tesla has said that the US loan came well after they recovered from the brink of bankruptcy, and they would have survived without it.

What the DOE loan let them do is accelerate their execution quite rapidly, and when the market later realized what Tesla is capable of, Tesla’s soaring stock price allowed them to issue stock and raise capital.

Tesla says a lot of stuff, some of it correct and some not.

The facts are pretty clear so let’s not muddle them:

1. Late 2008 to early 200 was not a good time for anyone to get a half-billion loan in the private market, and for an EV startup it was pretty much impossible, and

2. Without that loan they could not have built the Model S and produced it in >20k/year unit volumes.

I meant of course, late 2008 to early 2009, which was when they got the loan.

#1 rules out getting more loans in 2009, but not an earlier IPO with more shares issued. At least half of the loan money could have been raised that way.

#2 is an assumption, not a fact.

Tesla unveiled the Model X prototype in Feb 2012, well before they got any revenue from the Model S (aside from ~$50M in deposits). That’s hundreds of millions in development that would have been put towards Model S production if they didn’t have the loan.

Between these two points, I have no doubt that Tesla could have put the Model S into production without the loan. There probably would have been delays, and they may have skimped a bit on some aspects of the car.

Don’t get me wrong: The DOE loan clearly helped Tesla execute, and they may be “only” a $10B company today without it. The difference is one hell of a ROI for the US economy. But they weren’t going to go bankrupt without it.

The world leader in EV’s by a huge margin does it again.

I hope Europe and the US get trigered by seeing China running away with the lead.

This is good for diesel fuel demand in that 600 diesel buses do use a lot of fuel and give off a lot pollution in the tens of thousands of gallons a day. Now think of the amount of diesel fuel that would be saved if 10,000 diesel buses where switched over to electric in China.

If China can do something like this with 600 buses I can’t see why some local translate systems with say 50 buses or less can’t go electric.

China has a history making big moves. Sometimes with unfortunate results. Like the sparrow destruction fiasco. Hopefully the pilot project will expand to large urban areas, that desperately need help.

Dalian, China has ordered 1200 BYD K9 electric buses over the next two year.

When you are living in a country that has 14 000 buses in total registered to be in traffic like I do then it’s really fascinating to see two orders of a total of 1800 buses.

I wonder how long it’ll BYD to fulfill that order?

That’s the billion-dollar question.

If BYD can now demonstrate high-volume production with high reliability, massive bus fleet conversion can proceed.