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ABB e-mobility business recognized as one of Europe’s ‘Cleantech Companies of the Decade’

May 22, 2014 in Electric Vehicles, EV charging, EV News

Award acknowledges the importance of investment in emerging clean technologies

Photo courtesy of ABB

Photo courtesy of ABB

Zurich, Switzerland – ABB, the leading power and automation group, announced today (5-21-14) its electrical vehicle (EV) charging infrastructure business was named by Cleantech Group (CTG), developer of the i3 market intelligence platform, as one of CTG’s five picks as a European Cleantech Company of the Decade.

ABB’s EV technology has been successfully deployed already in Europe, North America, Africa, and Asia, where it’s creating the infrastructure necessary to support growing demand for emissions-free vehicles around the world.

“ABB stands for power and productivity for a better world. Technology innovation is part of the fabric of ABB, and we are especially honored to receive this recognition,” said Ulrich Spiesshofer, CEO of ABB. “The growing need for sustainable transportation will continue pushing technology frontiers, this is a fundamental part of the innovation process. This is why such clean tech investments are an integral part of ABB’s growth strategy, allowing us to expand into attractive markets such as e-mobility and solar.”

This one-off award was made in connection with the 10th anniversary Cleantech Forum Europe, held in Stockholm this year. The award was made in Stockholm’s City Hall, the venue of the annual Nobel Prize ceremony.

“The ABB and Epyon case was picked to represent the copy-book venture story,” explained Richard Youngman, Managing Director Europe & Asia, CTG. “The company was a university spin-out in 2006, raised a couple of venture rounds in 2008 and 2010, and was sold to a major multi-national corporation, namely ABB, in 2011. The company is still thriving as a product group, with the same team, leveraging ABB’s international presence to take its fast-charging technology to the future markets of EV—China, for example.”

In July 2011, ABB announced it had acquired Epyon B.V., an early leader in EV-charging infrastructure solutions that focused on DC fast charging stations and charging network software. Epyon was founded in 2005, headquartered in the Netherlands and had around 50 staff worldwide at the time of the transaction.

Today, the Epyon portfolio is part of ABB’s Discrete Automation and Motion division and includes a range of EV solutions for all charging standards, remote and connectivity services for network providers and a variety of installation, training and maintenance services.

In February 2014, ABB announced a strategic collaboration with Shenzhen BYD Daimler New Technology Co., Ltd. to supply direct current fast chargers over the next six years for DENZA, helping China to become the global leader for EV fast charging.

The Cleantech Companies of the Decade awards are part of a celebration of the 10-year anniversary of the European Cleantech Forum, an annual collaborative gathering of the clean technology innovation community including entrepreneurs, corporations, investors and government leaders.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 150,000 people.

Cleantech Group (www.cleantech.com) helps clients accelerate sustainable innovation. The company’s i3 market intelligence platform, which tracks over $7 billion of deal flow annually across 23,000+ cleantech companies, allows subscribers to find, vet, and connect with entrepreneurs—efficiently building an innovation pipeline. Cleantech Forums bring the i3 platform to life by convening thought leaders and innovators around diverse themes in innovation. CTG’s Advisory Services leverage expertise in designing and executing corporate strategies for sustainable growth and innovation sourcing.

This article is a repost (5-21-14), credit: ABB.

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BYD 3.5T Electric Forklift Rolls off Assembly Line Broaden the Scope of Large-Tonnage Electric Forklift Industry

August 6, 2013 in BYD, Electric Utility Vehicles, Electric Vehicles, EV News

Photo courtesy of BYD

Photo courtesy of BYD

On August 2, BYD Shaoguan Industrial Park held a grand opening event, displaying its assembly line of the world’s first iron battery-powered BYD new energy 3.5T electric forklift. The event featured a ribbon-cutting ceremony. Shaoguan Municipal Party Secretary Zheng Zhentao, Mayor Yi Xuefeng, BYD president Wang Chuanfu, senior vice president Wang Nianqiang and various representatives from government and professional media were present at the event. Wang pointed out that the new energy forklift truck industry will be the future of forklift development. He stressed that the BYD forklift will not only be an innovation as a technology and as a product but will also pave the way for an innovative market.

The New Energy forklift truck will lead the future development of the forklift industry.

Currently, the petrochemical resources that humans depend on are depleting. As well, its extensive use towards urban development causes mass pollution in densely-populated cities. An example was when Beijing and Tianjin experienced severe smog earlier this spring. These problems indicate that environmental protection is unable to be delayed any longer. As the environmental factors become more severe, people’s awareness of protecting the environment becomes more and more prevalent. A product, especially a forklift, which advocates low-carbon and the saving of energy, is attractive to clients. BYD’s iron battery-powered forklift is the world’s first of its kind, producing zero emissions. It has a long life, a high change/discharge rate and is virtually maintenance-free. Compared to the conventional internal combustion forklifts and lead acid battery forklift, the BYD iron battery production process releases no heavy metal pollution or emissions. The charging process does not product acid fog. After the one life cycle, the battery can be recovered for energy storage, making it a true green product that effectively overcomes the manufacturing of lead-acid batteries. BYD’s iron battery is perfect for usage in pharmaceuticals, cold chain, food, and settings such as airports where eco-friendly approaches are necessary.

BYD 3.5T electric forklift broaden the scope of electric forklift industry.

It is reported that the 3.5T forklift truck accounted for approximately a full share of more than 50% in domestic market, while internal combustion forklifts had a full share of close to 80% in 3.5T category. Traditional lead-acid batteries are mainly manufactured for smaller 2.0T forklifts since lead-acid batteries cannot be used for heavy-duty, high-efficiency products. The 3.5T electric forklift market holds a “there is a demand but no product” dilemma. Having quickly achieved the global market with its own technology and industrial advantages, BYD utilizes vertical integration on the basis of integrated innovation. BYD successfully developed its “iron battery” technology applicable to the large-tonnage electric forklift field, being the first to break the large-tonnage electric forklift development bottle neck. The launch of the BYD 3.5T electric forklift greatly broadened the scope of the application of electric forklifts and will provide the logistics of the large-tonnage electric forklift industry with effective solutions.

About BYD

BYD Co., Ltd is a leading-edge provider of green energy technologies that specializes in the IT, automotive, and new energy industries. Being the world’s biggest rechargeable battery manufacturer, BYD also has the largest global market share for cell-phone chargers and keypads. BYD branched out into the auto business in 2003, and has kept a robust yearly growth rate successively. In 2008, Warren Buffett invested $232 million to take a 9.89% stake in BYD. Today, BYD is the fastest-growing Chinese auto company and a global pioneer in the field of new energy vehicles including Dual Mode Electric Models and Pure Electric Models.

Based on its core Fe Battery technology, BYD has worked out a Green City Solution, which aims to electrify urban public transportation systems by transitioning from gasoline and diesel buses and taxis to pure electric ones. In March 2012, BYD and Daimler AG officially announced the entirely new EV brand Denza in China.

In addition, BYD has also focused on the Research & Development and manufacturing of a wide range of new energy products, including energy storage system, solar energy products and LED lighting . For more information, please visit www.byd.com, www.bydeurope.com, www.facebook.com/bydcompany, or [email protected].

This article is a repost, credit: BYD, http://www.byd.com/na/news/news-170.html.

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BYD e6 Electric Cars Arrive in the UK

June 16, 2013 in BYD, Electric Vehicles, EV News

First BYD Electric e6 Cars Arrive In Europe And The UK Photo courtesy of BYD

First BYD Electric e6 Cars Arrive In Europe And The UK
Photo courtesy of BYD

LONDON, UNITED KINGDOM – June 13, 2013: More than 50 of BYD e6 pure electric cars have arrived in the UK and will be going on trial with a number of fleet operators in the coming months. The right-hand drive cars were offloaded at Southampton docks and are in the process of being registered.

BYD is the fastest-growing Chinese car manufacturer and its e6 pure electric car has the longest range of any new electric car in the UK at 186 miles (300km). In the UK, they will be going into service with a number of fleets, including private hire operations that will allow passengers to experience them. The cars have been fully homologated for use on European roads.

Managing Director of BYD Europe B.V, Mr. Isbrand Ho said: “We are very excited with the arrival of our e6 pure electric cars in the UK. The e6 has zero tailpipe emissions, reducing air pollution, and also benefits from significantly lower running costs than conventional petrol or diesel cars. The model is well-proven, having driven over 14 million miles in key global markets.”

About BYD

BYD Co., Ltd is a leading-edge provider of green energy technologies that specializes in the IT, automotive, and new energy industries. Being the world’s biggest rechargeable battery manufacturer, BYD also has the largest global market share for cell-phone chargers and keypads. BYD branched out into the auto business in 2003, and has kept a robust yearly growth rate successively. In 2008, Warren Buffett invested $232 million to take a 9.89% stake in BYD. Today, BYD is the fastest-growing Chinese auto company and a global pioneer in the field of new energy vehicles including Dual Mode Electric Passenger Cars, Pure electric Buses and Pure Electric Vans /Trucks.

Based on its core Fe Battery technology, BYD has worked out a Green City Solution, which aims to electrify urban public transportation systems by transitioning from gasoline and diesel buses and taxis to pure electric ones. In March 2012, BYD and Daimler AG officially announced the entirely new EV brand Denza in China.

This article is a repost, credit: BYD, http://www.byd.com/na/index.html.