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A team from the Shenzhen Institutes of Advanced Technology (SIAT) of the Chinese Academy of Sciences has developed a novel, environmentally friendly low-cost battery. The volume energy density of the AGDIB can reach ~560 Wh/L, which is much higher than traditional batteries (~350 Wh/L for Tesla Model S and ~200 Wh/L for BYD E6).
Still, Chinese auto-makers hesitate to mass-market their electric models domestically. In March, BYD chief executive officer Wang Chuanfu announced that in the first half of 2010 the company will sell only 100 e6 cars, to a taxi company in Shenzhen. Chinese green-car subsidies on hold. “That’s going to be tough.&#.
Last week the company announced that it would bring its five-seat E6 electric car in small numbers to the US next year. In April this year, the Chinese government adopted a plan aimed at turning the country into one of the leading manufacturers of both hybrid and electric cars. Now, BYD is set to conquer America. Our verdict.
Chinese battery maker and car manufacturer Build Your Dreams (BYD) Auto is to display its electric cars at the annual shareholders’ meeting of US conglomerate Berkshire Hathaway as it bids to tap into the North American market.
Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. REDDIT STUMBLE UPON MYSPACE MIXX IT Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS ( close ) By Marc Gunther Last Updated: April 13, 2009: 9:29 AM ET Warren Buffett with BYDs E6.
Chinese automaker BYD may have been founded in 2003, but it wasn’t until 2008 that it garnered mainstream attention when Berkshire Hathaway, led by Warren Buffet, bought a 10 per cent stake in its parent company. Of all the ‘upstart’ green car companies, Tesla is the closest to breaking out into the mainstream.
Related Slideshow: Top Green Cars View » BYD’s all-electric E6 automobile debuted at the Detroit Auto Show in January and it’s expected to enter the U.S. A lack of recharging infrastructure, combined with easy access to gas stations, is one of the major factors preventing widespread use of electric vehicles.
Li said although the market in new energy vehicles was yet to take off due to the lack of a large-scale battery recharging network or sufficient government subsidies, the firm is confident it can make a difference. It plans to begin delivering on the E6, a pure electric car, later this year. But from what we?ve All rights reserved.
Alfa Romeo Tonale – the Italian brand finally has a rechargeable car in its ranks in the form of the Tonale PHEV compact SUV. Avatar E11 – a new brand with big dreams, Avatar has input from Huawei and CATL and is the product of Chinese car maker Changan. Expect to see it Down Under in 2023. Think iX3, but smaller.
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