Automotive News   |   Automotive News Europe   |   Autoweek   |   Automobilwoche

Automotive News China Newsletter
Register our free newsletter, sent each Monday and Thursday

     Automakers   Suppliers   Auto Show   Comment   Car Cutaway   Newsletters   Press Releases   Chinese Version   Register for Newsletter
  Contact Us:   Editorial   Advertising   Subscription Information   |   About Us   Media Kit
Home >> Automaker Email this story   Print this story
BYD's electric bus
 
BYD to build electric bus assembly plant in Ecuador
Automotive News China | 2017/5/12

BYD Co. plans to assemble electric buses in Ecuador, part of the automaker's effort to maintain momentum in the fast-growing segment.

Under a memorandum of understanding signed with the Ecuadorean government, BYD will build a $60 million (414 million yuan) assembly plant in Guayaquil, a port city in southwestern Ecuador. 

At full capacity, the plant will build up to 300 electric buses and trucks annually, BYD said. The company did not indicate when the factory will launch production.

BYD has had success finding customers for its electric buses in China and overseas. Last year, electric bus deliveries surged 121 percent from a year earlier to 10,000 vehicles.

The Guayaquil factory will be BYD's second electric bus assembly plant in South America; the Chinese carmaker operates a similar plant in Brazil.

The Guayaquil plant will be the company's fifth plant of its kind outside China. 

BYD assembles electric buses in California and Scotland. It is constructing a similar plant in the northern Hungarian city of Komarom. 

In March, the company disclosed plans to build a 10 million-euro electric bus factory in Allonne, a town in northern France's Hauts-de-France region.

Last year, BYD delivered 326,000 gasoline, battery electric and plug-in hybrid vehicles worldwide, up 1.8 percent. Those sales included 86,000 battery-electric EVs and plug-in hybrids.

BYD is listed in Hong Kong and Shanghai. It is partly owned by U.S. billionaire Warren Buffett.


Related Stories
  • Renesas to supply computer chips to Great Wall
  •     --Published:2017/30/5
     
  • LeEco, on a short leash, may ditch EV project in U.S.
  •     --Published:2017/26/5
     
  • Faraday Future plans to raise $1 billion in new funding as chief backer struggles
  •     --Published:2017/26/5
     
  • Germany reports progress with China over EV quotas
  •     --Published:2017/26/5
     
  • Chinese regulator approves VW-JAC electric car venture
  •     --Published:2017/23/5
     
  • BYD, Daimler to recapitalize unprofitable EV joint venture
  •     --Published:2017/19/5
     
  • Chery to begin selling third EV model in June
  •     --Published:2017/19/5
     
  • EV deliveries rise 7.9% in April
  •     --Published:2017/16/5
     
  • VW counts on China, production volumes to halt Tesla's advance
  •     --Published:2017/16/5
     
  • Will Beijing have to pay balky consumers to buy EVs?
  •     --Published:2017/12/5
     
  • GM concludes EV-sharing program in Shanghai
  •     --Published:2017/9/5
     
  • GAC begins building 4.7 billion yuan EV assembly plant in Guangzhou
  •     --Published:2017/5/5
     
  • BYD profit hurt by slumping EV sales
  •     --Published:2017/2/5
       
     
     

    Our Newsletter Editions
    Automotive News China produces two email newsletters each week. You can sort your news by the articles highlighted in each of our newsletters here.

    Select your newsletter     

     

    Automotive News China
    Room 1303, Building 2, Lane 99, South Hongcao Road,
    Shanghai 200233
    Telephone: 86-139-1851-5816
    Fax: 86-21-6495-0895
     
    Home | Help Center | About Us | RSS
    Entire contents © Crain Communications, Inc.
    Use of editorial content without permission is strictly prohibited. All Rights Reserved.
    ICP06057291