Electric Vehicles

BYD shares rise as electric taxis hit Hong Kong roads

The first six of BYD's 45 electric taxis will begin service in the city today. Photo: AP

BYD shares rose as much as 6.3 per cent to HK$35.35 before closing 3.46 per cent ahead at HK$34.40. The stock has gained 48 per cent so far this year.

Tuesday, 21 May, 2013, 9:04am

Don't kid yourself that electric taxis are green

A BYD e6 electric taxi

Encouraged by the prospect of generous subsidies from the government's HK$300 million "green transport fund", the Hong Kong Taxi & Public Light Bus Association is leasing 45 battery-powered "e6" vehicles from Shenzhen-based manufacturer BYD.

21 May 2013 - 9:04am 15 comments

BYD raises cash, junks traditional cars

A model poses next to a BYD S7 SUV on media day at the Shanghai auto show on April 20, 2013. Photo: AFP

Warren Buffett has remained faithful to Chinese car maker BYD, refusing to change his 10 per cent holdings in the company despite a rapid tumble as its bet on electric vehicles fails to take off.

22 Apr 2013 - 11:06am

Courier companies look to deliver a greener city

FedEx Express boasts the biggest green fleet among courier firms.

FedEx Express commissioned 10 electric vehicles in Hong Kong in March, the logistics giant's first zero-emission fleet in Asia as it attempts to reduce fuel consumption by 4 per cent in the city.

3 Apr 2013 - 3:28am

BYD wins order for 50 electric cabs in London in push for global expansion

BYD steps up global expansion.

Mainland carmaker BYD, which is backed by Warren Buffett, won a preliminary order to supply 50 electric cabs to a London-based minicab company, gaining its first foothold in the international market.

25 Oct 2012 - 4:53am

BYD: A sinking ship?

Wang Chuanfu, Chairman and President of BYD Co. Ltd, attends the press conference of the company's interim result 2012 in Hong Kong . Photo: SCMP

Billionaire investor Warren Buffett must certainly be wondering about his 2008 decision to buy 10 per cent of sputtering car maker BYD...

28 Sep 2012 - 2:03pm

Plug-in, recharge and go

Electric cars are popular in many world cities, but have yet to catch on in Hong Kong.

There are about 370 recharging stations across town, but only 300 of the city's 630,000-odd licensed vehicles are plug-ins, the South China Morning Post reported on March 17.

30 Mar 2012 - 12:00am

Half Shenzhen's buses to be electric or hybrid

In a bid to become China's electric vehicle capital, Shenzhen has set a goal to replace more than 50 per cent of its combustion engine buses with electric or hybrid ones by 2015, a move that would reduce air pollution, especially of dangerous fine respirable particles.

13 Mar 2012 - 12:00am

Innovation the key to survival

China's vehicle manufacturing industry must innovate to improve the quality of self-developed products and cut costs if it is to avoid losing more market share to foreign goods, warns a top mainland carmaker.

12 Mar 2012 - 12:00am

Analysts bullish despite plunge in January sales

Analysts are still positive about the outlook for the mainland's car industry despite a 23.8 per cent year-on-year fall in passenger car sales last month to 1.16 million units - the biggest drop in three years.

15 Feb 2012 - 12:00am

Police boost fleet of electric bikes

The government has ordered 11 electric motorcycles for the police and the Water Supplies Department to promote wider use of the vehicles, which cut fuel costs by half.

The move follows a year-long trial in which police used electric-powered Brammo motorcycles on the streets of Hong Kong. They have now extended the pilot scheme and added 10 more bikes to their fleet.

5 Dec 2011 - 12:00am

Green-energy cars land on state wish list

The central government included 'new energy' vehicles in its procurement list for the first time yesterday, amid concerns about whether the technology is mature enough to meet market needs.

26 Nov 2011 - 12:00am

Don't give up on green vehicles

If any place seemed like a market for the development of electric cars, it had to be China. It has the biggest population, the fastest-growing car market and horrendous air pollution - attributed partly to petrol engines.

20 Nov 2011 - 12:00am

Electric car an idea that may have had its day

Beijing is having a serious rethink over its ambitious electric vehicles policy.

The central government has assembled the top experts and policymakers on electric and hybrid cars at a meeting in Wuzhen, in Zhejiang province, this week.

11 Nov 2011 - 12:00am

Weird and wonderful

Ferrari's new 458 Spider could be the star of the Frankfurt Motor Show, which opened on September 13. It's the world's first mid-rear engined Berlinetta, with a retractable hard top, and it looks stunning.

Then there is Porsche's new 3.4-litre Carrera, which belts supercar speeds, 8.21 litres of petrol per 100km and carbon dioxide spew of just 194g/km.

23 Sep 2011 - 12:00am