BYD's bus-electricity strategy goes down again. BYD has reached an agreement with the Wuhan Municipal Government and will be led by the Municipal Communications Commission to try out a BYD pure electric bus on some bus lines in Wuhan. In addition, municipal vehicles and sanitation vehicles have gradually been converted to BYD electric vehicles. At the same time, BYD will implement a business model of “three zeros†(zero car purchase, zero emission, zero cost) in Wuhan to reduce government costs and risks.
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The recent series of successful experiences of BYD shows that public transport has become the main breakthrough for the promotion of electric vehicles. It is understood that BYD has also entered into a joint venture agreement with Tianjin Bus Group to establish Tianjin BYD Auto.