powastick
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Near Kuala Lumpur.Which city?
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Near Kuala Lumpur.Which city?
It is said Rapid KL.Near Kuala Lumpur.
BYD Qin Could Beat Out Tesla
November 4, 2015
Chinese electric car BYD Qin is seeing record sales that put it ahead of any other electric car on any market, and as it looks, the Qin could beat out Tesla. BYD, which stands for ‘Build Your Dreams’, is a Chinese automobile manufacturer based in Shenzhen, Guangdong, and it’s been leading the shift towards electric vehicles this year.
Since 2014, Chinese electric car sales have become higher than in the US, and BYD Qin specifically is looking to be a threat to American electric car makers, Tesla included. Currently, the BYD Qin model has been the top selling passenger NEV of 2015, and it has sold an astounding 41,045 units as of September. Tesla only sold a little over 33,000 cars at the end of the third quarter of this year.
China’s efforts to propagate electric car use is spreading, with the BYD Qin being introduced to Latin America since last year, and it is only a matter of time before it measures up to American electric cars such as the Tesla and other Japanese competitors. BYD has released a follow up model to the Qin, the BYD Tang, and it is expected to outpace the Qin. The BYD Tang is available for pre-order and it’s expected to release in 2016.
Same group. SOE named Prasarana Malaysia under Ministry of Finance.It is said Rapid KL.
Is this line run by KL?
What's the price difference between a Tesla and a Qin? Tesla too expensive even for most people in the west
I guess Tesla is way too expensive when compared to Qin. On the exact price and comparison, @cirr would have a better insight.
http://www.satprnews.com/2015/11/14/byd-ranks-at-top-of-j-d-powers-quality-study-2/
Of course BYD is not alone, China has many electric bus companies, many of those also have wide presence in the international market.BYD is not alone in the e-bus world
Media-savvy carmaker BYD Co. Ltd. (01211.HK) makes sure the world knows about the latest e-bus order it has secured or the recognition its models have earned.
The e6 electric car BYD showcased at the Havana International Fair in Cuba, for instance, won the gold medal for best quality product, a news release from the firm said Thursday.
In its company report, BYD detailed how its e-buses and e-taxis have accumulated the highest mileage record globally and that it has extended its market coverage to 10 cities in the mainland.
Outside China, more than 36 countries and regions around the world are either test-running its electric vehicles (EVs) or have already placed orders.
An order in April for 60 e-buses from Long Beach Transit in California was a landmark deal for BYD in the United States.
BYD indeed has a head start on other firms.
Not many companies are making commercial EVs.
Big European brands like Man SE have not been active in this segment.
It is believed that their heavy investments in reducing emissions of their diesel engines have yet to be recouped, and that is why they are not keen about splashing out on new projects like EVs.
But BYD is not alone in spotting the void.
China Dynamics Holdings Ltd. (00476.HK) said this week it has signed a sales contract with the Xingtai municipal government in Hebei for 100 e-buses to be delivered by the end of this year.
Partnering with the Hong Kong Productivity Council, its subsidiary Green Dynamics launched last month an e-bus that packs advanced technology like a permanent magnet synchronized motor system and smart control units that help maximize its energy efficiency and mileage.
Designed to run in Hong Kong’s challenging conditions with a scorching summer (air conditioning can consume up to 30 percent of the power of a bus), twisting roads and lots of traffic lights and frequent stops on bus routes, the e-bus China Dynamics can offer could make it a strong rival to BYD.
Being regarded as the only major EV maker in China is probably the biggest reason why the not-so-profitable BYD trades at a price-earnings ratio of more than 100 times and is one of the Chinese carmakers with the highest valuations.
But if the sales momentum of China Dynamics begins to pick up, or when more serious players get into the race, the market might have to reassess if the fat first-mover premium in BYD’s stock still makes sense.
You could got a BYD QIN by offering around 150k yuan(after 63k subsidy) compare to Tesla model s - from 700k to 1.2 m. Yeah, their market target is totally different.I guess Tesla is way too expensive when compared to Qin. On the exact price and comparison, @cirr would have a better insight.
Of course BYD is not alone, China has many electric bus companies, many of those also have wide presence in the international market.
Golden Dragon is a perfect example, an SOE.
177 Golden Dragon Buses Exported to Israel
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