BYD is at it again

BYD earlier announced the F6DM will be under $20K, now it is up to $26.7K.

The writer also said "BYD Auto, based in Shenzhen, has a history of brash predictions. For instance, BYD Auto has said it will be China’s biggest-selling automaker by 2015. But this year its sales will reach about 100,000, about one-half the production of one assembly plant in the United States."

BYD plans to sell hybrid vehicles in U.S. market next year


I wish BYD can meet the 10yr/150K miles battery warranty requirements in California. Good luck!

 

BYD missed the mark again.

t is revealed that BYD had invested over RMB1 billion yuan to the electric car project, and its Shenzhen new base, which focuses on electric car production, had also invested over RMB4 billion yuan totally. With years of R&D, BYD dual-mode electric car has till now applied for more than 70 patents at home and abroad, passed entire car tests under multiple conditions, and been basically able to ride in complete electric-driven status on urban roads. The total cost of a set of dual-mode electric car system is US$50,000, and it will be reduced substantially after mass production. The ET-POWER Fe battery mounted on the dual electric car can be recharged for over 2000 times, and its continuous mileage life is over 600,000km. The dual-mode electric car can be charged 80 percent after 15 minutes of fast charging at professional charging station. Even at home, 9 hours of slow charging can charge the battery entirely. In the meantime, the maximum output power of DM driving system reaches 125KW, equal to the dynamic performance of a 3.0L engine. It needs one time of charging for BYD DM electric car to ride for 100km.


BYD electric auto set to go on market before year-end_Insight--China Economic Net





I doubt BYD will even make the cost goal of $6000 for the drive train & battery.