50% of BYD's overseas first electric vehicle joint venture established

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On the evening of December 11th, Beijing time, BYD and Bulgaria Bulmineral signed a formal contract, and the two sides announced that they set up a 50:50 electric vehicle joint venture company and named it Auto Group Motors. It is reported that this is the first electric bus joint venture in Europe and the first electric vehicle joint venture established by BYD overseas.


Formally enter the Bulgarian market


As the world's largest manufacturer of electric buses, BYD will work with Bulmineral to realize the local production of a pure electric bus K9 in Breznik, Bulgaria. This signifies that BYD electric vehicles will formally enter the Bulgarian market and will radiate to other European countries. This is another important measure for the development of BYD's electric vehicle overseas business. It is of great significance to the promotion of BYD electric vehicles in the European market in the future. Up to now, BYD has signed orders for electric buses in overseas countries, including the Netherlands, Finland, Denmark, the United States, Canada, Uruguay and so on.


BYD's pure electric buses are equipped with high-security iron batteries independently developed by BYD and have long cruising range. They can travel up to 250 kilometers on one charge and can meet the mileage requirements of most city-operated circuits. Not only can it effectively reduce CO2 emissions and reduce noise, but compared with traditional diesel buses, another advantage of pure electric buses is that they can significantly reduce the operating costs of bus operators.


E6 arrived in Bogota, Colombia


In addition, the BYD pure electric e6 car rental team has arrived in Bogota, Colombia. In the pilot project of green public transportation established by the Bogota Mayor’s Office, the Municipal Communications Bureau, the Environmental Protection Agency and other government agencies, BYD e6 has become the exclusive supplier of this pilot project with its long cruising range and stable performance. Business. The e6 pure electric taxi team has already passed the approval of the Colombian National Ministry of Transportation. This pure electric taxi team is expected to formally operate in Bogotá in the first quarter of next year.



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