BYD

Indianapolis Launches The New, Fully-Electric Red Line, Powered By BYD

IndyGo in Indianapolis launched the new Red Line this week, adding new transit capability that just happens to utilize a fleet of fully electric buses from none other than BYD. The Red Line was given the green light to start service on Monday with an initial 13 American-made BYD K11 articulated buses. These 60-footers can carry up to 120 passengers at a time for some serious high volume rapid transit.

Chinese EV Sales In July: After The Subsidy Storm

After an end-of-incentives derived surge in June, July saw the expected hangover, with the Chinese plug-in vehicle market dropping 7% year over year (YoY), and the 70,000 units of last month representing less than half of the deliveries of the previous month. Plug-in hybrids (PHEVs) sank 22% YoY in July, their worst drop in over two years, while, amazingly, fully electric vehicles (BEVs) still managed to grow, if only by 1%, despite the gloom all around them (the overall market also dropped 4%).

Subsidy Cuts & Tesla Model 3 Shake Up Chinese EV Sales Ranking — June Sales…

After a slow May, with just 2% growth, June saw the Chinese plug-in vehicle market return to full charge, thanks to some 147,000 registrations, up 72% year over year (YoY). Fully electric vehicles (BEVs) grew faster than that, at +97%, and because the mainstream market is falling (-8%), June’s plug-in vehicle (PEV) share reached a record 8.5%, pulling the PEV market share to 6.3%, well above the 2018 result (4.2%) and on target to reach my forecast of 8% for 2019.