SYNDICATED NEWS
PHOTO CAPTION: BYD F3DM on display at 2008 North American International Auto Show. Photo credit: EV World.

Sales Disappointing for BYD's Plug-In Hybrid

Since the launch in December 2008, the company reports its sold only 100 F3DM dual-mode hybrids.

Published: 19-Sep-2009

Chinese automaker BYD Auto Co., Ltd. is reported to have sold less than 100 F3DM (dual-mode) EVs (electric vehicles) by the end of this August, and Morgan Stanley thought that the actual F3DM sales would fall far behind the goal of 3000 to 4000 units set earlier this year.

However, large Chinese automakers and regional government are still bullish on new energy vehicles, and making "abnormal" plans. Experts warmed that the blind expansion of new energy vehicles would possibly lead to redundant construction and overcapacity.

In December 2008, BYD unveiled the F3DM EV in Shenzhen, south China, with its selling price fixed at CNY 149,800. Both the battery pack and gasoline engine are installed on the BYD F3DM EV, which is the world's first EV independent of the professional charge stations, said Wang Chuanfu, president of BYD Co. Ltd., parent of BYD Auto.

<< PREVIOUSNEXT >>
RELATED NEWS ITEMS

VW Golf is equipped with Sanyo battery pack that gives it 30 miles of AER.

The 1.4 liter diesel engine in VW's Twin Drive system actually drives the wheels, whereas the engine in the Volt only charges the battery as it approaches depletion.

Ford Escape Plug-In Hybrid Prototype, one of 20 being tested by US electric utilities.

The funding being announced Tuesday will help the automaker continue to work on its demonstration fleet of 20 plug-in hybrid vehicles.

Chevy Volt range-extended electric car on display at Sydney Auto Show in Australia

The Volt's Sydney appearance is its first outside the US and only the second public showing globally.

READER COMMENTS

blog comments powered by Disqus