Presidents Xi Jinping & Dilma Rousseff Witness BYD History
July 20, 2014 in Battery Energy Storage, BYD, Electric Vehicles, EV News
Brasilia, Brazil – BYD Company Ltd.’s Wang Chuanfu made history this week signing a contract to be the first Chinese manufacturer to open a battery factory in Brazil. The magnificence of the event was only elevated by the presence of both Xi Jinping, the President of China, and Dilma Rousseff, the President of Brazil, whom were already together for the BRIC Summit that week in Brasilia.
Pictured above: Presidents Xi and Rousseff congratulate BYD’s Wang Chuanfu
Photo courtesy of BYD
The deal to build a factory in which BYD will produce their revolutionary fire safe, and completely recyclable Iron-Phosphate Batteries will bring BYD’s investment in Brazil up to $400,000,000.00. The batteries will be manufactured in an area of 1,500,000 square meters, and support BYD’s growing new energy business throughout Latin and South America. After signing, BYD’s Founder and Chairman, Wang Chuanfu said he was completely honored to be a part of such a historic moment, and in the company of two great public leaders. The deal was structured through Apex-Brasil, the Brazilian Trade and Investment Promotion Agency. Their President, Mr. Mauricio Borges, spoke to the importance of renewable energy technologies, and how Brazil is at a critical point in history where they must begin adopting these alternative solutions.
This news comes on the back of another project BYD had just announced in the city of Campinas, Brazil. The Campinas factory is being opened to manufacture BYD’s long range pure electric transit bus, as well as serve as a research and development facility for a number of BYD’s other renewable energy technologies.
About BYD
BYD Company Ltd. is one of China’s largest companies and has successfully expanded globally. Specializing in battery technologies, their green mission to “solve the whole problem” has made them industry pioneers and leaders in several High-tech sectors including High-efficiency Automobiles, Electrified Public Transportation, Environmentally-Friendly Energy Storage, Affordable Solar Power and Information Technology and Original Design Manufacturing (ODM) services.
As the world’s largest manufacturer of rechargeable batteries, their mission to create safer and more environmentally friendly battery technologies has led to the development of the BYD Iron Phosphate (or “Fe”) Battery. This fire-safe, completely recyclable and incredibly long-cycle technology has become the core of their clean energy platform that has expanded into automobiles, buses, trucks, utility vehicles and energy storage facilities. BYD and all of their shareholders, including the great American Investor Warren Buffett, see these environmentally and economically forward products as the way of the future.
BYD has made a strong entrance to the North, Central and South American markets with their battery electric buses, and lineup of automobiles. Their mission lies not just in sales growth, but also in sociological integration and local job creation as they have poured incredible investments into developing offices, dealerships and manufacturing facilities in the local communities they now call home, truly a first for Chinese companies. For more information, please visit www.byd.com.
This article is a repost, credit: BYD.
