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Major strategic restructuring of the automotive industry to solve the bottleneck of new energy indu by wgre ergrg





Article Author Biography
Major strategic restructuring of the automotive industry to solve the bottleneck of new energy indu by
Article Posted: 12/10/2010
Article Views: 65
Articles Written: 1512
Word Count: 576
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Major strategic restructuring of the automotive industry to solve the bottleneck of new energy indu


 
Business,Business News,Business Opportunities
And the beauty of the integration agreement between the Sunshine Bus will sound, the state " Car Industrial restructuring and revitalization plan "after the Chinese automotive industry is a major strategic restructuring program was born. BYD announced to 60 million yuan to an independent third party with Foshan Midea Coach still buy all the shares of Hunan, mainly engaged in manufacturing and Sell Buses and passenger cars. BYD said the new projects launched, will BYD brought within 3 years of 30 billion yuan of output value and income.

Material production bottlenecks have been resolved BYD Company and Hunan Environmental protection Industrial Park Management Committee and the Economic Commission set Changsha Changsha Investment Cooperation Agreement, in the Hunan Environmental Protection Industry Park Investment and create an annual production of about 400,000 motor vehicles and parts production base. Production base is expected to be primarily engaged in manufacturing New Energy Model-based buses and passenger cars, and mini-vans and auto parts.

It is reported that Hunan Sunshine Bus old bus factory, has 54 years of history, in 2005 the group acquired by the United States, is a collection of the U.S. group's passenger vehicle, bus chassis-specific R & D, manufacturing, sales and service one of the specialized manufacturing wholly owned subsidiary, the company management is headquartered in Changsha, under the jurisdiction of Changsha, Kunming and manufacturing base. For various reasons, the United States in the Sunshine bus at the end of 2008 was halted.

The U.S. passenger car was completely taken over BYD, the industry said the Sunshine Bus Company or the gorgeous turn. BOCI research report published that this timely resolution of the company's production capacity bottlenecks, and locked for the production of new models of production equipment. BYD official said, BYD has been committed to environmentally friendly development and production of vehicles has now achieved F3DM dual-mode electric vehicle commercialization. After the acquisition of the US's Sunshine bus, electric bus on the BYD development to create the preconditions for, indeed opportune.

Into third base in Changsha BYD plans to be completed by 2011 all the construction in Changsha car base, then, will become the BYD following Changsha Xian, Shenzhen, the third country after the car production base.

BYD said the acquisition of the US's Sunshine Bus company, BYD electric buses and chassis production during the same time, will be reinvested less than 30 billion yuan, the scale of construction of 4 million square kilometers of new Energy Automobile production base. So far, BYD plate on the addition of new energy vehicles an important series?? The market potential for passenger car products. BYD concerned that the new energy bus launched, will BYD brought within 3 years, 30 billion yuan of production value and revenue.

The successful completion of the acquisition, not only passenger car production fell swoop Zhun Shengzheng BYD, BYD will greatly increase the competitiveness of the automotive field. At present, BYD has been formed F, S, M series sedans products, DM series, e series of electric cars and other products products products and bus system, has been listed on the F3, F6, F0, S8 and other products in the market segments are not Folk performance in 2009 first half sales of close to 180,000, an increase of up to 176%.

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