BYD: Road to Dominance of Electric Vehicle/Transport

[cirr]

This is a strategic move.....

I don't think the investment would see Samsung using BYD battery (not sure if even BYD using BYD battery) if this is the goal, then they would not be investing in BYD instead of simply buying their battery.

This move is to further Lithium Ion Battery technology and probably uses BYD to develop Samsung Battery Technology. It would be the only Win-Win Situation from the deal.

So where do you think BYD's 10 GWh/y(16 GWh end of this year and 50 GWh 2020）of batteries have gone and will go into?

 

[jhungary]

So where do you think BYD's 10 GWh/y(16 GWh end of this year and 50 GWh 2020）of batteries have gone and will go into?

Don't know, and don't care.........As that have nothing to do with the deal.

If it is Samsung aim to tap into BYD battery, they are simply going to buy them outright and let BYD shoulder the whole development cost alone and they don't pay half a billions for it. They can get the constant supply of Li-Ion Battery with 1/10 of that 442 millions dollars.

If Samsung is willing to spend almost half of billions dollars in a company, they want to get something out of that company beside just product. The only logical solution I can see is to use BYD existing infrastructure to develop Samsung's own battery technology or even using BYD brand to circumcise the import restriction in China. Because it would simply quite stupid for Samsung to put money in BYD and they can't use whatever that money turns into later.

If you are the boss of Samsung, would you pay 442 millions to a company and simply get the battery but not the technology that goes with it? A bit excessive if all you want is cheap battery.

 

[TaiShang]

Samsung Electronics to invest in China's BYD
KENTARO OGURA, Nikkei staff writer

BYD's electric car series Song is showcased at the 2016 Beijing International Automotive Exhibition in April.

SEOUL -- Samsung Electronics will provide capital to BYD, China's leading maker of environmentally friendly vehicles, the South Korean company said on Friday.

Samsung is expected to invest about 3 billion yuan ($448 million) for a stake of around 4% in BYD, according to the Korea Economic Daily. Samsung has not disclosed the exact figures.

Samsung apparently hopes to increase parts supplies to BYD and maneuver further into China's green car market, which has been rapidly expanding thanks to generous state support.

"The primary purpose of the investment is to strengthen operations for semiconductors for electric vehicles," the company said, adding that it "plans to discuss [with BYD] further cooperation in a variety of areas."

Samsung said it will not intervene in BYD's management.

BYD sold 58,000 electric and plug-in hybrid vehicles in the year to December 2015, almost tripling sales from the previous year. It currently controls about 30% of China's eco-friendly car market. BYD hopes to double sales this year, which would require large quantities of parts.

Berkshire Hathaway, the American investment company led by Warren Buffett, holds a 9% stake in BYD.

Samsung in December set up an automotive components team and has been focused on expanding sales of autoparts. In addition to semiconductors for cars, Samsung group companies also produce batteries and displays. But the company said the latest investment has nothing to do with securing a buyer of its batteries.

Shares in BYD surged in Hong Kong on Friday on news that the company will receive an investment from Samsung.

BYD's share price at one point jumped 2.80 Hong Kong dollars, or 5.7%, from Thursday's close to HK$51.50, its highest point since June 24, 2015.

The news sent BYD's A-shares on the Shenzhen Stock Exchange rising nearly 5% at one point on Friday.

In Seoul, Samsung shares briefly rose 22,000 won, or 1.46%, from Thursday's close to 1.522 million won, their highest point since June 2013.

 

[cirr]

Don't know, and don't care.........As that have nothing to do with the deal.

If it is Samsung aim to tap into BYD battery, they are simply going to buy them outright and let BYD shoulder the whole development cost alone and they don't pay half a billions for it. They can get the constant supply of Li-Ion Battery with 1/10 of that 442 millions dollars.

If Samsung is willing to spend almost half of billions dollars in a company, they want to get something out of that company beside just product. The only logical solution I can see is to use BYD existing infrastructure to develop Samsung's own battery technology or even using BYD brand to circumcise the import restriction in China. Because it would simply quite stupid for Samsung to put money in BYD and they can't use whatever that money turns into later.

If you are the boss of Samsung, would you pay 442 millions to a company and simply get the battery but not the technology that goes with it? A bit excessive if all you want is cheap battery.

Never heard of Samsung SDI?

Don't know that Samsung is one of THE biggest battery makers in the world?

Your "analysis" or "deduction" is neither here nor there.

 

[cnleio]

This is a strategic move.....

I don't think the investment would see Samsung using BYD battery (not sure if even BYD using BYD battery) if this is the goal, then they would not be investing in BYD instead of simply buying their battery.

This move is to further Lithium Ion Battery technology and probably uses BYD to develop Samsung Battery Technology. It would be the only Win-Win Situation from the deal.

Wrong ... when u using Nokia or Motorola phone in last decade, BYD already exported cell-battery for them. Since 1990s BYD produce Li-battery now Li-Iron battery, in Li-battery research BYD better than Samsung. BYD has whole domestic tech to produce cell-battery and E-car battery pack. In BYD my supplier is like Bosch, NXP, Freescale, TI, Infineon, AD etc chip makers, we R&D hardware and software not just buy from outside, we have core techs in BYD.

 

[cirr]

Wrong ... when u using Nokia or Motorola phone in last decade, BYD already exported cell-battery for them. Since 1990s BYD produce Li-battery now Li-Iron battery, in Li-battery research BYD better than Samsung. BYD has whole domestic tech to produce cell-battery and E-car battery pack. In BYD my supplier is like Bosch, NXP, Freescale, TI, Infineon, AD etc chip makers, we R&D hardware and software not just buy from outside, we have core techs in BYD.

BYD has also gone upstream with stakes in Li-rich salt lakes in Qinghai and Tibet.

 

[jhungary]

Never heard of Samsung SDI?

Don't know that Samsung is one of THE biggest battery makers in the world?

Your "analysis" or "deduction" is neither here nor there.

What's that got to do with the point that I make?

I know about Samsung SDI, but again, what that have to do with Samsung invest in BYD? Li-Ion Technology as a whole is not fully developed, there are several major fault related to Li-Ion Battery, such as long recharge time, high pollution output on disposal, highly polluted when you make them, overheating, reusability and voltage stability.

So why that's matter when Samsung already have a top tier Material Energy Division, it is an endless R&D to unlock Li-Ion Technology, and I can definitely say Samsung bound to save heck a lot of money to use BYD infrastructure on its R&D. And hence my point, this is why Samsung pump half a billions to BYD

Wrong ... when u using Nokia or Motorola phone in last decade, BYD already exported cell-battery for them. Since 1990s BYD produce Li-battery now Li-Iron battery, in Li-battery research BYD better than Samsung. BYD has whole domestic tech to produce cell-battery and E-car battery pack. In BYD my supplier is like Bosch, NXP, Freescale, TI, Infineon, AD etc chip makers, we R&D hardware and software not just buy from outside, we have core techs in BYD.

You do realise what you said is completely different than your compatriot said above, right?

Samsung have it own Battery division, co-incidentally, it was produced in China, I am not gonna say whether or not BYD or Samsung battery technology is better, because it will be no more than chest thumping from either side, the problem with Samsung is, their R&D is more expensive per output than BYD.

What you said in BYD already happened in Samsung, you probably need to look at Samsung Company Profile more.

Plus, it was Ni-Mh battery (Nickel Metal Hydride) used in the last decade in cell phone like Nokia and Motorala, not Lithium Battery, Lithium battery is not rechargeable.

 

[cirr]

What's that got to do with the point that I make?

I know about Samsung SDI, but again, what that have to do with Samsung invest in BYD? Li-Ion Technology as a whole is not fully developed, there are several major fault related to Li-Ion Battery, such as long recharge time, high pollution output on disposal, highly polluted when you make them, overheating, reusability and voltage stability.

So why that's matter when Samsung already have a top tier Material Energy Division, it is an endless R&D to unlock Li-Ion Technology, and I can definitely say Samsung bound to save heck a lot of money to use BYD infrastructure on its R&D. And hence my point, this is why Samsung pump half a billions to BYD



You do realise what you said is completely different than your compatriot said above, right?

Samsung have it own Battery division, co-incidentally, it was produced in China, I am not gonna say whether or not BYD or Samsung battery technology is better, because it will be no more than chest thumping from either side, the problem with Samsung is, their R&D is more expensive per output than BYD.

What you said in BYD already happened in Samsung, you probably need to look at Samsung Company Profile more.

Plus, it was Ni-Mh battery (Nickel Metal Hydride) used in the last decade in cell phone like Nokia and Motorala, not Lithium Battery, Lithium battery is not rechargeable.

Has it ever occured to you that Samsung might be in this just for financial gains?

Yes, Samsung may be able to carry favour with 500 million USD invested but a 2% stake is nothing strategic.

Samsung is just one of many institutions subscribing to BYD's rights issue.

 

[Hamartia Antidote]

This explains it

http://m.pulsenews.co.kr/view.php?sc=30800021&year=2016&no=441927

LG Chem and Samsung SDI fail to win battery certification from Beijing

"South Korea`s electric vehicle battery makers LG Chem Ltd. and Samsung SDI Co. were disqualified as battery makers eligible for subsidies from Beijing, which would mean the two makers would lose competitiveness in the world’s largest electric vehicle market.

China’s Industry and Information Technology Ministry announced the names of 31 companies whose battery standards lived up to its regulation after the fourth review. The names of the two largest Korean battery makers were not included. The ministry earlier said from January 2018 only EVs equipped with batteries from authorized makers would be qualified for subsidies. Batteries without government subsidies won’t be able to sell as they take up nearly half of the price of an electric vehicle.

The two manufacturers have been complaining of discriminatory action from the Chinese authorities in order to allow more chances to local players to lead and benefit from EV promotion. There is still time before the new policy takes effect. But the local industry fears Chinese authorities could go on tweaking regulations to make conditions unfavorably for foreign players.

The two companies would be notified of the areas they failed. They plan to supplement in order to win certification in the fifth review.

LG Chem and Samsung SDI each built an EV battery factory in Nanjing and Xian, China, respectively, in October last year to start their full-fledged advancement into the Chinese electric car market. They are producing batteries that can power 50,000 EVs and 40,000 EVs each. ...."

 

[cirr]

Samsung SDI Battery in China

Is Samsung SDI Affected by Anti-Korea Sentiment in China Due to THAAD?


Samsung SDI electric vehicle battery factory in Xi’an, China.

SEOUL, KOREA

12 July 2016 - 11:00am

Cho Jin-young

A Chinese carmaker has stopped producing an electric vehicle (EV) equipped with Samsung SDI batteries. Industry watchers are paying attention to whether Samsung SDI batteries failed to get official nod from the Chinese government due to an anti-Korea sentiment caused by the Terminal High Altitude Area Defense, or THAAD, system.

According to a report by Bloomberg and Samsung SDI on July 11, Anhui Jianghuai Automobile Co. (JAC) has recently stopped producing the iEV6s sport utility vehicle (SUV) featuring Samsung SDI's circular batteries.

JAC said the decision was made because the company’s batteries failed to receive approval from the Chinese government. Samsung SDI currently supplies circular batteries to the iEV6s, the next flagship model of JAC.

Industry sources believe that JAC took a preemptive action on concerns it may be stuck with unsold stock if the model is disqualified from government subsidies because the Korean supplier isn’t on a list of approved vendors, though it hasn’t come to a definite decision yet. However, they are also paying attention to whether the anti-Korea sentiment has led to the decision due to the THAAD system.

An official from Samsung SDI said, “JAC has decided to stop producing the model instead of changing the model. It means that the Chinese carmaker can resume manufacturing the iEV6s when Samsung SDI makes it onto the government’s approved list. We will prepare for the fifth approval review without a hitch.”

http://www.businesskorea.co.kr/engl...g-sdi-affected-anti-korea-sentiment-china-due

 

[cirr]

Samsung Electronics Puts $450 Million Into Chinese Electric Car Company BYD

by Reuters

July 21, 2016, 7:02 AM EDT

Samsung Electronics is to pay 3 billion yuan ($450 million) for a stake in Chinese automaker and rechargeable batteries firm BYD, the Chinese company said in a stock exchange filing Thursday.

Automakers and technology companies have formed a series of partnerships in recent years as the race to develop electric, self-driving, Internet-connected vehicles has created demand for more electronics components and software.

The Samsung investment has been made through Chinese subsidiary Shanghai Samsung Semiconductor and gives the Korean firm a 1.92% stake in BYD, making it the ninth largest investor in the company.

Samsung Electronics said last week it was in talks to acquire a stake in BYD to boost its automotive chip business, after The Korea Economic Daily first reported that Samsung had agreed to buy a stake.

BYD, which also counts Warren Buffet’s Berkshire Hathaway as a backer, began as a battery maker for personal electronics before launching its automotive business that focuses on electric and hybrid vehicles.

A total of six investors bought BYD shares in a placing at 57.40 yuan per share, a discount to Thursday’s closing share price of 61.94 yuan.

The 14.5 billion yuan private placement also included investments by CCB Principal Asset Management, China Life AMP Asset Management, Aegon-Industrial Fund Management and Essence Fund.

http://fortune.com/2016/07/21/samsung-electronics-buys-electric-car-firm-byd/

 

[艹艹艹]

by NGT Staff
on Aug 23, 2016

No Comments

Categories : Up Front

BYD Co. Ltd., an electric vehicle (EV) manufacturing company, says it has partnered with the Beijing Environmental Sanitation Engineering Group Ltd. to launch a new series of pure electric sanitation trucks – featuring a total of 26 different models – in an effort to achieve a fully electric-powered fleet by next year.


Specifically, BYD says that the Beijing Environmental Sanitation Engineering Group is expected to replace 45% of its current diesel fleet with pure EVs before the end of this year and to be completely electric-powered within 2017.

A grand opening ceremony was held at the Beijing Convention Center on Aug. 18 to celebrate the companies’ partnership and the launch of what BYD is calling the world’s first pure electric sanitation truck lineup.

With large-scale and comprehensive capabilities, the Beijing Environmental Sanitation Engineering Group provides a broad range of services, such as street sweeping, solid waste transportation and processing, water and air pollution management, consulting and design, vehicle manufacturing, investment and financing, and mining resources development.

The 26 models of pure electric trucks – with load capacities ranging from 1 ton to 32 tons – will serve the city’s administration and carry out multiple tasks, such as sweeping, collecting, compressing and transporting waste, as well as refrigerated transportation for hazardous waste. The truck lineup will cover all operational processes, including collection, transportation and disposal.

Last September, a fleet of 22 BYD T8 pure electric 16-ton sweeping trucks prepared the way for the Tiananmen Square Parade celebrating the 70th Anniversary of the end of World War II, and following the ceremony, those 22 trucks continued to serve the city. BYD says the Beijing Environmental Sanitation Engineering Group saw the many benefits of such vehicles, including the low noise, zero emissions, efficiency, long driving ranges and lifetime batteries, and set up a joint venture solely dedicated to manufacturing pure electric sanitation trucks.

Shortly afterward, the State Council made an environmental announcement, demanding larger fleets of electric sanitation and logistics trucks be adopted.

In addition to the BYD Iron-Phosphate Battery, the lineup is equipped with several other BYD core technologies – for example, the electric integrated axle assembly technology, which combines the driving motor with the automatic gearbox and drive axle, largely improving transmission efficiency. At the same time, the integrated technology saves extra room for more batteries. Furthermore, with its Vehicle to Vehicle feature, the truck can be used as a charging unit to serve other trucks in need of charging.

The vehicles can be fully charged in 2 to 3 hours for a driving range up to 400 kilometers or eight hours’ heavy-duty operation.

BYD says it will continue its relationship with the Beijing Environmental Sanitation Engineering Group and work together to not only improve the air quality in Beijing and adjacent areas, but also push the entire sanitation industry to upgrade and reach higher levels of industrial development.

 

[TaiShang]

by NGT Staff
on Aug 23, 2016

No Comments

Categories : Up Front

BYD Co. Ltd., an electric vehicle (EV) manufacturing company, says it has partnered with the Beijing Environmental Sanitation Engineering Group Ltd. to launch a new series of pure electric sanitation trucks – featuring a total of 26 different models – in an effort to achieve a fully electric-powered fleet by next year.


Specifically, BYD says that the Beijing Environmental Sanitation Engineering Group is expected to replace 45% of its current diesel fleet with pure EVs before the end of this year and to be completely electric-powered within 2017.

A grand opening ceremony was held at the Beijing Convention Center on Aug. 18 to celebrate the companies’ partnership and the launch of what BYD is calling the world’s first pure electric sanitation truck lineup.

With large-scale and comprehensive capabilities, the Beijing Environmental Sanitation Engineering Group provides a broad range of services, such as street sweeping, solid waste transportation and processing, water and air pollution management, consulting and design, vehicle manufacturing, investment and financing, and mining resources development.

The 26 models of pure electric trucks – with load capacities ranging from 1 ton to 32 tons – will serve the city’s administration and carry out multiple tasks, such as sweeping, collecting, compressing and transporting waste, as well as refrigerated transportation for hazardous waste. The truck lineup will cover all operational processes, including collection, transportation and disposal.

Last September, a fleet of 22 BYD T8 pure electric 16-ton sweeping trucks prepared the way for the Tiananmen Square Parade celebrating the 70th Anniversary of the end of World War II, and following the ceremony, those 22 trucks continued to serve the city. BYD says the Beijing Environmental Sanitation Engineering Group saw the many benefits of such vehicles, including the low noise, zero emissions, efficiency, long driving ranges and lifetime batteries, and set up a joint venture solely dedicated to manufacturing pure electric sanitation trucks.

Shortly afterward, the State Council made an environmental announcement, demanding larger fleets of electric sanitation and logistics trucks be adopted.

In addition to the BYD Iron-Phosphate Battery, the lineup is equipped with several other BYD core technologies – for example, the electric integrated axle assembly technology, which combines the driving motor with the automatic gearbox and drive axle, largely improving transmission efficiency. At the same time, the integrated technology saves extra room for more batteries. Furthermore, with its Vehicle to Vehicle feature, the truck can be used as a charging unit to serve other trucks in need of charging.

The vehicles can be fully charged in 2 to 3 hours for a driving range up to 400 kilometers or eight hours’ heavy-duty operation.

BYD says it will continue its relationship with the Beijing Environmental Sanitation Engineering Group and work together to not only improve the air quality in Beijing and adjacent areas, but also push the entire sanitation industry to upgrade and reach higher levels of industrial development.

I want to see a domestic champion in waste management in China, as large and well structured as this US company, which I have great respect for: https://www.wm.com/index.jsp

Such a company can definitely team up with BYD to have an entirely green fleet of sanitation and waste collection and disposal units.

@AndrewJin

 

[GodToons]

I want to see a domestic champion in waste management in China, as large and well structured as this US company, which I have great respect for: https://www.wm.com/index.jsp

Such a company can definitely team up with BYD to have an entirely green fleet of sanitation and waste disposal units.

@AndrewJin

I do work for this company. Truly world class in using technology in waste management

 

[onebyone]

BEIJING (Reuters) - Chinese automaker BYD Co Ltd , backed by Warren Buffett's Berkshire Hathaway Inc , on Sunday predicted an up to 91-percent profit increase in the first nine months of the year, as government policies drive green car sales.

The Shenzhen-based company forecast an 83 percent to 91 percent rise in net profit for the first nine months, between 3.6 billion yuan ($539.8 million) to 3.7 billion yuan, according to a stock exchange filing.

For the first half of 2016, BYD reported 2.3 billion yuan in profit, a 384 percent increase year-on-year, on the low end of the company's predicted increase of 382 percent to 425 percent.

BYD, which focuses on making green energy cars and batteries for personal electronics, had reported successive quarters of triple-digit growth since third quarter 2015 after years of favorable government policies finally sparked a boom in sales of full electric cars and plug-in hybrids.

Berkshire Hathaway's stake in BYD fell to 8.25 percent from 9.1 percent previously after a share sale in July in which South Korea's Samsung Electronics Co Ltd and other investors bought a stake in the Chinese automaker.

BYD's board recommended an interim cash dividend of 0.367 yuan per share, according to the filing.

http://www.businessinsider.com/r-ch...cent-profit-rise-for-first-nine-months-2016-8