BYD’s “F3DM Hybrid” Selling in Challenging Environment

BYD's

BYD's

Motortrend


The chances of the world’s first compact battery operated sedan, which is not reliant on charging stations, seems still a long way off. The new-style vehicle, named F3DM and produced by Shenzhen-based BYD Auto, has sold only 80 units since its launch last December.

Auto Biz Review says twenty of these vehicles were purchased by the Shenzhen government, while those left are being used by China Construction Bank’s Shenzhen branch.

The president of BYD Auto Wang Chuanfu confessed, claiming they are insensitive to the vehicle’s high label price of 149,800 yuan, or 21,917 U.S. dollars.

Apart from the high price, BYD further confessed that the lack of charging stations for F3DM’s, no favourable policies in the new field and also a stagnant auto market have all made F3DM difficult for further expansion.

Moreover, battery charging will take nine hours if using a household power supply. This time-consuming problem could cause buyers to think again.

Battery reclaim is another problem. According to BYD, no detailed and proper plan has so far been announced on the battery reclaim.

Nevertheless, the launch of the BYD F3DM is an undeniable encouragement for the future of electric cars, since it will accelerate the development of supporting facilities which of course is vital for the prevalence of this type of vehicle.

Read the full story

You could get van insurance for as little as £276 (based on quotes provided to 10% of callers. (Source: MORE TH>N BUSINESS October 2009) when you buy online as well as other great offers when you buy a business insurance product.

With our home insurance policy, when you buy buildings insurance, we'll give you contents insurance up to £75,000 absolutely free! or for contents worth more, try our high value home insurance cover

Buy pet insurance online and benefit from a 20% discount! From 8 weeks old onwards, your pet cat or dog will be covered regardless of its age (covers each new injury or illness up to £7000).

Free helplines for legal advice, medical advice and post-accident counselling, and discounts on our breakdown cover with our car insurance UK based personal customer manager.

Apply at MORE TH>N and we'll give you the best quote from our panel of leading insurers to help find you the cheapest life insurance policy. Prices start from only £5 a month.

Choose a Newsfeed
use the newsfeed below to search the full Auto Racing Daily story archive