Electric Vehicles byd-f3dm

Published on April 22nd, 2013 | by Christopher DeMorro

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Chinese Automaker BYD Could Go All Electric And Hybrid

byd-f3dmImagine if an American automaker like Chrysler announced that in two years time, it would cease building any car powered solely by gas engines. That would be quite the shocker, wouldn’t it? Well a new report suggests that Chinese automaker BYD, which is mostly owned by U.S. investor Warren Buffett, could produce only electric and hybrid vehicles within two years.

The move comes as BYD stock sank about 75% in the past year, as sales of green cars have not panned out as hoped. BYD sold just 458,000 vehicles in 2012, despite having an annual production capacity of 700,000 units a year. BYD’s first all-electric car, the F3DM, sold less than 2,300 units through the end of 2012.

BYD is one of the larger Chinese automakers, but it is not even on the same playing field as say, GM or Ford. Still, going all-green is a big risk, especially as Chinese consumers have been wary of buying hybrid or pure-electric vehicles despite generous government subsidies. BYD has managed to sell a fair amount of hybrids and EVs to local governments, but not nearly enough to keep the company viable.

But with their stock plummeting in value, BYD executives need to make a drastic about-face to save the company. Could the all-green lineup save BYD, or ultimately doom it?

 Source: Reuters


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About the Author

Chris DeMorro is a writer and gearhead who loves all things automotive, from hybrids to HEMIs. When he isn't wrenching or writing, he's running, because he's one of those crazy people who gets enjoyment from running insane distances.



  • http://www.facebook.com/people/Bruce-Miller/100000952005408 Bruce Miller

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    Expect the closing of all ‘conventional thought’
    electrics – especially of the ‘sheet metal’ variety in China. Expect
    an electric with rare earth magnet, in hub, high voltage, rear wheel
    drive, aluminium carriage parts, perhaps the Israeli aluminium
    pallet/Li battery system or better, and fully carbon fibre
    bodies or even hemp fibre bodies for light weight. Expect the accent
    on practical, not glamourous. Expect the distance per charge to be
    related to Chinese demands not American ideologies. Watch for a
    single platform as base for many vehicle types. Anticipate nano
    carbon and or graphene to play roles for higher voltage super
    capacitors or better. Expect ‘on the run’ inductive charging. Expect
    very cheap transportation for the masses type electric cars. Expect
    government restrictions for fossil fuel cars, and government
    incentives for electrics.

  • http://www.facebook.com/people/Bruce-Miller/100000952005408 Bruce Miller

    Expect the closing of all ‘conventional thought’
    electrics companies – especially of the ‘sheet metal’ variety in China. Expect an electric with rare earth magnet, in hub, high voltage, rear wheel drive, aluminium carriage parts, perhaps the Israeli aluminium
    pallet/Li battery system or better, and fully carbon fibre bodies or even hemp fibre bodies for light weight. Expect the accent
    on practical, not glamourous. Expect the distance per charge to be
    related to Chinese demands not American ideologies. Watch for a
    single platform as base for many vehicle types. Anticipate nano
    carbon and or graphene to play roles for higher voltage super
    capacitors or better. Expect ‘on the run’ inductive charging. Expect
    very cheap transportation for the masses – type electric cars. Expect government restrictions for fossil fuel cars, and government
    incentives for electrics.

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