China's BYD sells first mass-produced plug-in cars

December 15, 2008 - by Emma Ritch, Cleantech Group

Shenzhen, China-based BYD (HK: 1211) began sales today of its F3DM, the country's first mass-produced plug-in hybrid-electric vehicle.

The car, expected to retail for RMB 150,000 ($21,900) in China, is planned for the U.S. and European markets in 2011. 

BYD, short for Build Your Dream, manufactures rechargeable batteries, hybrid vehicles and electric cars. Investor Warren Buffett's MidAmerican Energy Holdings paid $230 million for a 9.89 percent stake in the Hong Kong listed company in September (see Warren Buffett goes electric).

The F3DM is based on the company's gas-powered F3 model, which sells for $14,000. The hybrid model adds the dual-mode feature, which allows the car to operate in full electric and hybrid-electric modes. 

Using ferrous battery technology, the F3DM can drive 100 kilometers (62 miles) on a charge, shifting to gasoline when the battery runs low. Full recharging takes about seven hours in a traditional outlet or one hour at the company's charging stations. Ten minutes in a traditional outlet gives the battery a 50 percent charge, BYD says.

BYD said the battery can be recharged 4,000 times.

BYD said it signed a deal for 50 cars with the Shenzhen municipal government and China Construction Bank as part of the company's strategy of selling to corporate buyers initially and the mass market in China in the second half of 2009.

BYD delayed by a year its timeframe for reaching the U.S. market, with officials saying they plan to sell there sooner if they can overcome regulatory hurdles.

General Motors plans to release its plug-in electric car, the Chevrolet Volt, to the U.S. market in late 2010. Tokyo-based Toyota Motor (NYSE: TM) is also aiming to bring a plug-in electric vehicle to market in 2010 (see Toyota plug-in hybrids coming in 2010).

BYD has also made a deal with Clal Industries and Investments to sell the hybrid cars in Israel in 2010, where it will compete with Palo Alto, Calif.-based startup Better Place (see Electric cars are coming to Israel). Better Place unveiled last week its first plug-in parking lots in Israel, located at the Cinema City parking lot in Pi-Glilot.

Better Place has also announced plans for electric-car infrastructure in Hawaii (see Hawaii becomes next stop for Better Place), the San Francisco area (see Bay Area to get infrastructure for electric vehicles), Australia (see Better Place to charge up Australia) and Denmark (see Project Better Place goes to Denmark).

BYD, Sweden's Saab and Volvo, France's Aixam, and San Carlos, Calif.-based Tesla Motors have also announced plans to enter the Danish market with electric or hybrid electric cars (see Electric Smart cars head to Denmark). 

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Comments

Ultimately

Ultimately, though, this kind of car has a big potential in the Chinese market, and in the world market, because we all know we need new energy cars to solve the environmental and oil crisis problems.

Ballast for Solar and Wind Power

America needs electric plug-in cars because the end of cheap oil is here, and the end of oil is near! Getting OPEC to come clean about honestly measured reserves is a hard task for sure. We can’t wait for them to tell us when they are down to the last few shipments, and the Obama boys best get on it before it is too late. Personal Windmills may soon be the only way to boil water for tea in the U.S. as we are far too slow in developing Wind and solar on big enough scale to compensate for the coming end of oil. We cannot afford to go nuclear, we need this limited supply resource for Strategic military uses first. We have already dipped deep into the world’s supply of fuel for reactors and must realize that it is finite and soon to end also. Solar, Wind, Wave, Tidal, Hydro and Geothermal are the infinite, perpertual, renewable sustainable power sources we have access to right now in practical useable form. We pray for fusion, Zero-point electric, and various perpetual motion devices but we don’t have them in our hands, and must concentrate on developing current day realities, or we can turn Iraq and Iran into glassy, radioactive parking lots for Hummers, and steal the oil there, and live with the guilt for a while? Like Hiroshima, it passes and is covered with the lies of historians, and is not of great consequence to a truly capitalist mind, just one more option we have in our hands. I like Wind and Solar as battery, plug-in cars can serve a ballast to the vagarities of supply, a win win in hard times!

China Beats GM's Volt to the Punch! American Engineeres Shamed!

Even Israel, a "U.S. Protectorate" buys the Chinese model over the GM Volt? How did Chinese technology ace the Americans? Rah! Rah! Rah! Football, sexy girls and parking lots full of expensive sports cars didn't do much for the car industries engineers in the U.S.A. Where's the next disappointment from the Ivy League going to come from, computer sciences? defense efforts? Civil engineering? Too much beer, pot and cocaine makes Yankee Doodle a dummy? What the hell do we pay for when we send our kids to school? Certainly not this kind of embarrassment !

Corporate Control

The reason the United States is lagging behind is SIMPLE: American Corporations are driving the government bus. They are comfortable with the Status Quo. They spend money to get their congressional Lackys elected, who then cater to the whims of the corporation. We are failing because the biggest Corporations are benefitting from the continuation of sales of their products, while American's tastes are steered by Controlled media. The entire U.S. media is controlled from the very top by a few Corporate managers who decide what you'll read and what you'll see. That is why the controversy over 911 is NEVER mentioned on corporate TV. They follow the Republican administration story with lock step propaganda. Did you hear any dispute of the lack of finding WMD's in Iraq? How many stories about us being there only for the oil have you read is U.S. papers? Did you see any stories about foreign leaders, dignitaries or journalists anti-invasion justification opinions? NO. Do you really think a huge jet airliner can "distinegrate" and all the bodies be intact enough for identification? Do high tensile strength steel buildings just fall straight down in 10 seconds or less? Note that World Trade Certer building 7 wasn't hit by an airliner and jet fuel fires (kerosene) won't even affect the temper of alloy steel. University professors and cops and firemen and eye witnesses ALL KNOW there were prior explosions and secondary explosions, but after 9-12 the major news media NEVER mentioned it again. The people at the top wanted the Iraq war for the oil. GM & Firestone KILLED the trollies (public transportation) all over America so they could sell more cars and tires. They got caught in a massive collusion. They were fined $1000.00; think there aren't Judges on the take. California demanded just 2 zero pollution cars for every 98 gas guzzlers built in 1996. So GM had to build the EV1 while their scum bag lawyers went after the Cal. Air Resources Board. As soon as the lawyers got the law killed GM killed the EV1 for years. Bush would not allow Calif. to institute any new air quality laws. Screw the people's health, they only want to sell gas cars. Now ALL that stupidity is the real embarrassment.

Now BYD began selling a

Now BYD began selling a plug-in electric hybrid car in China, at least a year ahead of similar efforts in the U.S. and Japan. The car, called the F3DM, plugs into a home outlet and comes with a small gasoline engine that can recharge the battery on the go. It is the first of an array of electrified cars BYD plans to introduce around the world, starting in China and then in the U.S. and Europe as early as 2010. The F3DM, their electric model, was unveiled in December, but it hasn't been selling and, as of now, the public isn't eligible to line up personal loans to get one, as it's aimed at fleet applications. However, they do plan to vamp up to mass production, but the cost is still a bit prohibitive – coming out to about $22,000 USD. Still, let us hope that some people line up for installment loans for green vehicles like the BYD electric car.

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