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Almost 10 Years In Brazil, The Chinese Manufacturer BYD Sees Enormous Potential In The Country For The Production And Future Export Of Electric Buses.
The Chinese manufacturer BuildYourDreams (BYD) has its eyes on the Brazilian automotive market after achieving positive results in the sale of its electric buses. In the first half of this year, the manufacturer sold about 155 thousand vehicles worldwide. This sale represents a 154% increase compared to the same period in 2020. The company’s market value has already surpassed US$ 100 billion, placing it above manufacturers like General Motors. In the national market, the company plans to expand its fleet of electric buses as the first part of a plan that also includes trucks and electric cars.
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BYD Has Already Invested Over US$ 150 Million In Brazil
The Chinese manufacturer has been in Brazil since 2013 and has already invested US$ 150 million. Most of the capital has been directed to its factory in Campinas (SP), which has the capacity to produce more than 2,000 electric bus chassis per year.
The latest delivery from BYD was 12 articulated buses to São José dos Campos (SP), a city where the group had already supplied the entire fleet of cars for the Municipal Civil Guard.
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According to the institutional director and head of the bus unit of the Chinese company in Brazil, Marcello Von Schneider, the delivery of the electric buses is a milestone as it involves a vehicle fully produced in the country. Marcello also states that the manufacturer views the bus market in Brazil as having the potential to be the largest in the world.
Chinese Company Provided 60 Electric Buses To Governments And Municipalities In The Country
The Chinese manufacturer has already delivered more than 60 electric buses to municipalities and governments across the country. Although it may seem few, Brazil has only 350 electric buses, most of which are trolleybuses powered through a network of wires installed along the vehicle’s route.
In the buses used by BYD, charging is done at charging stations, and the vehicles have a range of 250 kilometers. Furthermore, the models can be charged in just 3 to 4 hours.
The manufacturer sees potential for the country to have over 10,000 electric buses in operation in the coming years. As the idea is also to use the Brazilian factory to export to other countries, an expansion is being planned by BYD. Marcello supports the acceleration of the transition to electric vehicles and notes that the public sector will be one of the main protagonists in these changes.
BYD Aims To Go Much Beyond Electric Buses In The Brazilian Automotive Market
Although focused on electric buses, the Chinese manufacturer will import more passenger vehicles. In 2022, the company states that it will directly sell two vehicles: the sedan Han and the SUV Tang.
Recently, the Chinese company also partnered with the SP government to manufacture 14 trains that will be used on the line 17 of the monorail. To meet high demand, BYD has been investing for over 2 years in a battery and solar panel manufacturing unit in Manaus, aiming to increase the demand for solar energy in businesses and homes.
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