BYD Sells Electric City Buses with "Zero Down Payment"
2012-11-13 Source：www.chinabuses.org
Summarize：It's said that Shenzhen is going to purchase 1000 new-energy city buses and BYD aims at grasping 60% of the procurement. If it happens, BYD pure-electric buses K9 will bring CNY 1.2 billion of income to the group.
www.chinabuses.org: It's said that Shenzhen is going to purchase 1000 new-energy city buses and BYD aims at grasping 60% of the procurement. If it happens, BYD pure-electric buses K9 will bring CNY 1.2 billion of income to the group.
President of BYD Group Wang, Chuanfu said Shenzhen would never purchase diesel and hybrid buses any longer, but pure-electric buses. There are 300 e6 taxis and 200 k9 electric buses in use and BYD will put 600 more k9 buses into service.
Data shows there are 500 thousand city buses in China and energy-saving and emission-reduction is essential. Tianjin Government is going to replace 2000 electric buses and BYD takes the opportunity to sign the cooperation agreements with Tianjin Government and Yunnan Government.
Compared with traditional diesel buses, BYD pure-electric bus is high in price, which is CNY 2 million and CNY 1 million with subsidy. BYD released three plans of "Zero-Penny-for-Bus": financial lease, operating lease and buyer credit.
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