BYD Company's electric bus sales increase overseas sales growth


BYD Electric Bus

Recently, BYD Company announced that it will sell electric buses to Taiwan and stated that it may set up factories in Taiwan.

Taiwan’s Economic Daily reported on Thursday that BYD has frequently sent high-level visits to Taiwan and actively sought out the electric bus cooperating companies in Taiwan in an attempt to jointly attack the European and American electric vehicle market in conjunction with the Taiwan factory. The Economic Daily pointed out that recently the mainland China's vehicle industry has increased its investment in Taiwan, and land plants that have initially surfaced in Taiwan have been dominated by three types of vehicles, such as whole vehicles, large trucks, and electric buses. Currently there are two Taiwanese companies that BYD has contacted. At present, the two sides are still negotiating technical cooperation and there is no conclusive conclusion. At the same time, BYD does not rule out the possibility of setting up a vehicle factory in Taiwan.
“We are now selling electric buses in Taiwan, but if it is produced locally, it is not so fast. It is the next step,” said BYD spokesman Lindo.

The Economic Daily pointed out that recently the mainland China's vehicle industry has increased its investment in Taiwan, and land plants that have initially surfaced in Taiwan have been dominated by three types of vehicles, such as whole vehicles, large trucks, and electric buses. Currently there are two Taiwanese companies that BYD has contacted. At present, the two sides are still negotiating technical cooperation and there is no conclusive conclusion. At the same time, BYD does not rule out the possibility of setting up a vehicle factory in Taiwan.

BYD Auto, a direct subsidiary of BYD. In 2003, BYD formally acquired Shaanxi Qinchuan Automobile Co., Ltd., BYD Co., Ltd. formed BYD Auto and its headquarters is located in Xi'an. BYD entered the field of automobile manufacturing and sales, and began the development process of national self-owned brand cars. BYD Auto adheres to the development model of independent research and development, independent brands, and self-development. It takes the goal of “building a world-class car” as its product target and “building a national world-class automobile brand” as its industrial goal. It is determined to rejuvenate the national automobile industry. At present, BYD has built four major industrial bases in Xi'an, Beijing, Shenzhen, and Shanghai, and has reached international leading level in vehicle manufacturing, mold development, and vehicle model research and development. The industrial structure has gradually improved.



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