Articles Tagged with "BYD"
Recently, Liu Zhenyu, General Manager of BYD’s Xi’an District introduced the development trend of BYD alternative energy vehicles and the problems it may face in the future.
Jul. 5 , 2016During BYD’s 2015 General Meeting of stockholders hosted on June 6th, Wang Chuanfu, President at BYD Auto, said that, in second half of 2016, the shipments of alternative energy vehicles will increase rapidly, boosting the company’s overall sales to a next level. Besides, Wang also confirmed that the company will start a new business unit of light rail, which is expected to become BYD’s new growth point in five years.
Jun. 8 , 2016Recently, Chinese domestic carmaker BYD has announced that its net profits in 2015 jumped 552.63% to totally 2.829 billion rmb. It’s observed that alternative energy vehicles are the main driver for BYD’s hugely increased profits. Now the alternative energy vehicles account HALF of this carmaker’s profits while the percentage of that in 2014 is still 27.05%.
Mar. 4 , 2016When conducting cooperation with BYD in alternative energy areas, GAC is also trying to avoid horizontal competition. The joint venture company, GAC BYD New Energy Bus Co. Ltd. (shorted as “GAC BYD”) , mainly targets at Guangzhou new energy bus market, while GAC Trumpchi will try to develop alternative energy passenger vehicles.
Feb. 26 , 2016