BYD's Shares Jump to All-Time High After Winning Biggest Electric Bus Deal Abroad

[TaiShang]

BYD's Shares Jump to All-Time High After Winning Biggest Electric Bus Deal Abroad

(Yicai Global) Jan. 11 -- Shares of BYD surged to a historic high today after the Chinese carmaker said that it has obtained its largest electric bus deal abroad.

BYD's stock price [SHE:002594] was 2.4 percent up at CNY232.94 (USD36) in the afternoon after rallying momentarily to CNY245 this morning. The shares have risen almost 40 percent over the past month.

The automaker will deliver 1,002 electric buses to Bogota, the capital city of Colombia, by mid-2022, Li Ke, senior vice president at the Shenzhen-based firm told Yicai Global yesterday.

Local companies Superpolo and Busscar will help by supplying parts for the vehicles that will operate public bus routes.

BYD has received orders for almost 1,600 electric buses in total from Colombia so far and its vehicles are used in cities such as Medellin and Cali, Li added.

BYD's Shares Jump to All-Time High After Winning Biggest Electric Bus Deal Abroad

www.yicaiglobal.com

 

[sinait]

BYD's Shares Jump to All-Time High After Winning Biggest Electric Bus Deal Abroad

(Yicai Global) Jan. 11 -- Shares of BYD surged to a historic high today after the Chinese carmaker said that it has obtained its largest electric bus deal abroad.

BYD's stock price [SHE:002594] was 2.4 percent up at CNY232.94 (USD36) in the afternoon after rallying momentarily to CNY245 this morning. The shares have risen almost 40 percent over the past month.

The automaker will deliver 1,002 electric buses to Bogota, the capital city of Colombia, by mid-2022, Li Ke, senior vice president at the Shenzhen-based firm told Yicai Global yesterday.

Local companies Superpolo and Busscar will help by supplying parts for the vehicles that will operate public bus routes.

BYD has received orders for almost 1,600 electric buses in total from Colombia so far and its vehicles are used in cities such as Medellin and Cali, Li added.

BYD's Shares Jump to All-Time High After Winning Biggest Electric Bus Deal Abroad

www.yicaiglobal.com

Good News.
Singapore now also trialing 60 electric buses from Yutong and BYD.
So far I have not had the chance to board one.
Looking forward to have more electric buses from China on our roads.
CHEERS.
.

 

[TaiShang]

Good News.
Singapore now also trialing 60 electric buses from Yutong and BYD.
So far I have not had the chance to board one.
Looking forward to have more electric buses from China on our roads.
CHEERS.
.

Taipei uses Yutong buses, too.

 

[sinait]

Taipei uses Yutong buses, too.

Not much Japanese bus and trucks in Singapore now.
In 10 years time, not much Japanese cars in Singapore, haha.
China electric cars are coming.
.

 

[shi12jun]

The BYD electric bus is very good.

 

[TaiShang]

Not much Japanese bus and trucks in Singapore now.
In 10 years time, not much Japanese cars in Singapore, haha.
China electric cars are coming.
.

Japanese trucks everywhere here in Taiwan although in small truck segment I see more and more CMC (China Motor Corporation) trucks/vans.