BYD

BYD and also the City of Electrical Bus Production Facilities and Lancaster Declare Lancaster Power Module

2013/5/3

LANCASTER, Calif.--(BUSINESS WIRE)--Today, BYD and also the City of Lancaster joined together to declare the coming of two BYD making facilities in Lancaster. BYD, a top international business specializing in automobile manufacturing, rechargeable batteries and green energy systems, will start running an electric bus manufacturing facility and an Fe - Phosphate energy module (largescale battery) manufacturing facility within the forthcoming months. These mark the primary production facilities within america for BYD Motors Inc, a Los Angelesbased subsidiary of the Chinese business BYD Company Ltd (1211.HKE). Our community looks forward to working hand-in-hand with BYD because they create and perfect their e-bus and power storage technologies the following in Lancaster. The opening of no one, but two production facilities will supply local employees with numerous careers as BYD enlarges its operations here in america, and in addition represents a considerable investment into our local market and in California."

China-based BYD, short for "Build Your Desires," boasts over 160,000 workers all over the world, with operations in China, the US, Europe, Japan, Republic of Korea, India, Taiwan, Hong-kong and other areas. BYD's US corporate headquarters is located in La, whilst the Lancaster facilities mark the business's first making facilities in North America. "We are incredibly impressed with the assets of LA County and also the leadership demonstrated across several cities, including L A , Long Beach and Lancaster." Mayor Parris and his group visited BYD's headquarters in Shenzhen, China to help develop the connection. "We were very happy to begin this critical partnership with BYD, the County and also town of Lancaster and anticipate the continued success with two new worldclass production facilities that'll create jobs and accentuate the economic energy here within the Antelope Valley and through the entire area," said Supervisor Antonovich. Upon returning to the US, Mayor Parris led an attempt to associate with BYD and home-building giant KB Home to make this "Home into the future," which used BYD solar panels, BYD LED illumination, energyefficient technologies, and BYD residential energy storage to make an inexpensive eco-friendly energy dwelling. "This innovative utilization of cuttingedge technologies, in conjunction with the skill of the BYD/KB group to think beyond the box to generate the least expensive creation green energy dwelling our nation had ever seen, was actually inspiring," said Parris. "This cemented the notion in my mind that BYD should participate Lancaster's potential. Their building systems dovetail perfectly with this community's sustainable energy aims, while also providing secure green jobs for local citizens."

In April, BYD was given a $12.1 million agreement with Long Beach Transit Authority to make 10 zeroemissions, allelectric buses. The organization's state-of-theart electric buses offer a reach of more than 155 miles on just one charge, among the greatest in the electric bus business. "BYD is delighted to become a piece of the brand-new zeroemissions heritage from Long Beach with their electrified public transportation. "Additionally, our La Headquarters will continue to increase research and development jobs to support these production facilities together with sales and HR support for many of North and South America - because of Mayor Villariagosa." Numerous present Rexhall workers will even remain on because the plant transitions to BYD possession. "This actually is the very best of both worlds," stated Mayor Parris. "With this arrangement, BYD advantages from a readymade, completely-permitted facility which perfectly fits its wants, and can also have access to the knowledge of experienced employees with extensive experience within the production business. Concurrently, Rexhall personnel will have secure, green-sector jobs, together with a great amount of local families who'll gain from the brand new jobs BYD's procedures will produce."

"Our community looks forward to working together with BYD because they create and perfect their e-bus and energystorage technologies."

He said the production could possibly supply numerous jobs as BYD enlarges operations in america and represents "a considerable investment into our local market and in California".

She stated BYD Motors expects to create 50 buses annually by 2015 and to keep growing generation, with the aim of accomplishing the plant's capability of 1,000 buses annually within two decades.

The buses will probably be driven by BYD's ironphosphate batteries, which will probably be made at another plant nearby the Lancaster bus factory.

In the news conference, Li explained the runup to the opening of the organization's first plant in the Americas.

"We are incredibly impressed with the assets of LA County and also the leadership demonstrated across several cities, including L A , Long Beach and Lancaster," Li said.

The announcement caps a yearslong attempt to establish a plant that assures "economic prosperity and environmental sustainability", Allen said.

About BYD

BYD is rated no 1 in the peak of Bloomberg's and BusinessWeek's 2009 Tech 100 List (http://www.businesswire.com/news/home/20100520006751/en/BYD-Tops-Bloomberg-Businessweek's-12thAnnual-Tech) and is the leading maker of complex, environmentallyfriendly battery technologies such as the BYD Iron Phosphatebattery found in BYD electric vehicles and electric buses. BYD's solar panels and LED Light systems have CEC, TUV/CE and UL listings, and also the business loves rapid growth within the consumer electronics area and electrified transport sector production under its BYD brand. BYD is the fastestgrowing Chinese automotive andgreen power engineering business. For further info, see www.byd.com,www.facebook.com/bydcompany or e-mail [email protected].

Regarding town of Lancaster

The Town of Lancaster is a flourishing community of over 156,000 in northern La County. Attainable housing, clean air, wide-open spaces, plus a community make Lancaster the perfect area for families. Additionally, Lancaster boasts over 350 days of sun each year, making it the perfect spot to pioneer new solar power technologies.