Recently, BYD Group announced that the company plans to wholly invest in the construction of an electric bus production plant in California, and will announce the site of the plant in March and April 2013. According to BYD, it is estimated that the annual output of the electric bus production plant will be 50 to 100 units in 2014, and it is estimated that the annual output will reach more than 500 units in 2015.
According to reports, the new factory's management team and employees will be hired locally, and part of the production lines and molds will be imported from China. The U.S. government’s plan for new energy vehicles points out that by 2015, the number of electric cars in the United States will reach 1 million. If we look at the current demand for electric buses in the United States, it is entirely possible that BYD’s annual production will be sold, which means a value of several hundred million yuan.
On October 24 last year, BYD announced the completion of its North American headquarters in Los Angeles. The president of the company, Wang Chuanfu, announced his concept of new energy. He said that in the next two years, the company will make electrification of public transport, electric buses and electric taxis the top priority. Since California, where Los Angeles is located, plays an important role in the development of clean energy such as solar energy and electric vehicles, Los Angeles will be ahead of other cities in the United States for electric vehicle charging equipment, which will be crucial to expanding the market size of clean energy vehicles. .
BYD's North American headquarters is the business sales center for its electric buses and electric taxis. It will also set up R&D centers for cars and buses to develop vehicles that are more suitable for the US market. With the completion of the California factory, BYD will complete the development, production and sales of the entire industry chain in North America.
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