Byd: Hebei Car Sales By 78% Exclusion 500 Million Development Of Solar Power Plants – Solar Power

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Benefit from the Mainland Car Sector continued to grow, is preparing for return to A shares of BYD (1211) brilliant performance last year, the Group Chairman and President Wang Chuanfu said yesterday that the company plans to Sell 800 000 cars, eight-year re-growth of Qi Cheng, and prepared in the second half of the E6 electric car to enter the U.S. market next year into the European Union, the Group’s capital expenditure during the year is expected to more than 10 billion yuan (RMB. Under the same).

In the second half push electric cars in the U.S. BYD Auto
strong growth last year, accounting for the company’s overall turnover, Wu Chengsan, Wang said at a press conference yesterday, the Chinese car to enter the era of the average family has come, I believe that this year China will maintain double-digit auto market increase the number of beneficiaries to this opportunity, the Group’s automotive business during the year the proportion of total turnover of more than can be achieved Liu Cheng, in view of the automotive industry this year may not be up to eight last year, four percent increase in group sales target this year as 800 000 , the annual growth Qicheng 8.

With the global Environmental protection Voice rising, Wang believes that energy conservation will be the global automotive industry’s long-term trend, so the Group will be soft launched in Shenzhen in the first half of this year 100 as the electric taxis with E6, but at introduced for corporate customers by the end of hybrid vehicles F3DM, will also be in April this year, before the personal sales, in line with the new state Energy Auto sales support individual policies, I believe that sales can be more than 1000 years.

Present, the energy-saving car subsidy scheme has been confirmed that the forthcoming National Development and Reform Commission, Wang believes that complementary policies related to open new energy vehicles on the personal consumer market, has a very active and positive role.

Extend EU countries next year The same time, BYD is waiting for an opportunity to promote new energy vehicles in Europe and the United States market, the commercialization process. Wang Chuanfu said the company plans to launch in the U.S. market the second half of E6, the first step will be aimed at environmentalists, celebrities and government procurement, for a small amount of sales, the Group will also build a sale in the local headquarters of the first half of the headquarters location can be determined , then if the sales of good, do not rule out construction of factory buildings in the local.

In addition, to comply States Oil Dependent on a decreasing trend, the Group for the electric car next year exports to EU countries, the future of electric cars in the proportion of total sales will gradually increase. During the year, total capital expenditures will reach more than 10 billion yuan, mainly used in cars to establish bases in Changsha, Xi’an and Shenzhen automobile production capacity expansion Auto Plant.

BYD net profit last year surged 2.7 years doubled, far exceeding market expectations, helped by growth in automotive business, while Group IT Parts business by the global mobile phone market and the power tool market downturn, and our sales last year fell 3 percent four-year, to 4 billion yuan, Wang said, with the? Market is getting warmer, I believe this business will increase.

Today, the development of new energy has become a common topic in all countries. BYD (1211), said Wang Chuanfu, chairman and president, in order to further develop new energy businesses, the Group is stepping up its R & D of solar cells and energy storage power station projects, and plans to invest 500 million yuan (RMB. The same below) in the solar Power on. He said, very optimistic about new energy business in the future development.

BYD’s new energy business is divided into three types, namely, electric vehicles, energy storage power station and solar power. Wang Chuanfu that the Group not only actively planning electric cars to promote domestic and foreign work, the solar power station is currently a small group of trial production, will invest 500 million yuan during the year in this new project, the company will also study how to further expand in this area investment and production.

Energy storage power station in the area, Wang said the group is still under development, investment during the year will not be great, but I believe the future will be in place in the field of new energy.

He also stressed that the company will combine the advantages of iron battery technology, the integration of market applications, by providing customers with products including solar cells and energy storage power station, including complete systems, one-stop solution of new energy generation, storage , Application of continuous supply and subsequent issues.