Foton to Focus New Energy Vehicles in 2011
2011-02-23 Source：www.chinabuses.org
www.chinabuses.org: There will be at least 4,000 new energy buses to be put into operation in 2011, and Foton may take 30% market share, namely 1,200 new energy buses.
As many as 1,905 Foton new energy vehicles were sold out in 2010, up 42.91%. And new energy buses may bring 0.15 billion Yuan to Foton Bus.
The total sales of Foton vehicles amounted to 682,900 units, and new energy buses were just small part of them. Foton new energy vehicles include three series and eight bus models, including hybrid city buses, pure electric city buses, pure electric sanitation truck and pure electric taxi.
Currently, Foton invested one billion Yuan to establish Nanhai AUV bus manufacturing plant, their new energy bus production base in South China. The plant, which is going to produce buses in this April, will focus on produce high-end monocoque new energy buses and some medium monocoque buses, and its annual output may amount to 15,000 units.
Till 2015, sales of new energy vehicles may account over 15% of its total output. And Foton will sell over 1,500,000 vehicles with revenues over twelve billion Yuan, and 225,000 new energy vehicles will be sold out.
New energy vehicles feature high costs and unstable sales, so this segment market needs support from government policies. And city buses will be the priority for development of new energy vehicles. Foton will invest seven billion Yuan on developing new energy vehicles in 2011.
Views:0Editor：Eric
Related China Bus News
editor@chinabuses.org
86-10-84933192;
