Zhongtong Bus to Export One Thousand Buses In 2010
2010-05-24 Source：www.chinabuses.org
www.chinabuses.org: Zhongtong bus has started research and development of new energy buses as early as 2004, and it is the only domestic bus builder to shoulder “863” Project concerning to energy-saving and new energy buses. As a key new energy bus manufacturer in Shandong Province, Zhongtong has secured an order for 350 new energy buses in April, adding probable orders in Shandong or other provinces, their orders for new energy buses may exceed 800 units this year.
Chinese buses have rather strong competitiveness in international markets, and overseas are recovering as global economy is getting better. Zhongtong Bus has a comparatively high proportion on bus export business which used to be the first among domestic bus builders. They have signed an order to export 350 buses to Africa, and some other orders are under negotiation.
Considering recovering export market and bigger demonstration of China new energy buses, it predicts that ESP from 2011 to 2012 will be 0.28 Yuan, 0.46 Yuan and 0.72 Yuan. And rational price for PE in 2010 is 11.2 Yuan with reference to other new energy enterprises.
Views:0Editor：Eric
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