BYD and greentomatocars to Debut Pure Electric Minicabs in London

  BYD and greentomatocars to Debut Pure Electric Minicabs in London

Business Wire

LONDON -- October 24, 2012

BYD and greentomatocars have signed a Memorandum of Understanding to create
London’s first fleet of all-electric minicabs.

New BYD London eTaxi. The BYD e6 is roomy, 5-passenger-crossover, all-electric
vehicle with a range ...

New BYD London eTaxi. The BYD e6 is roomy, 5-passenger-crossover, all-electric
vehicle with a range of 250KM per charge. (Photo: Business Wire)

BYD, the fastest-growing Chinese car manufacturer that is pioneering hybrid
and electric vehicles, will supply greentomatocars with 50 of its pure
electric e6 models for trial use in the Capital.

greentomatocars is London’s second largest quality minicab service and strives
to use the most environmentally-friendly vehicles available in its fleet of
300. It is expected that the 50 electric BYD e6 will be available for its
customers to use from the second quarter of 2013.

The Mayor of London, Boris Johnson, said: “It is my aim that London's minicabs
and taxis will be zero-emission by 2020, which will have a major impact on air
quality. Every year the fleet is getting cleaner, making our city an even more
attractive place to live, work and visit. Encouraging many more electric
vehicles is a key part of this transformation, so it is great news that
greentomatocars has committed to operating 50 of these super clean machines
from next year.”

BYD Chairman Wang Chuanfu said: “We are delighted to supply greentomatocars
with e6 vehicles that will create London’s first electric minicab fleet. The
e6 has zero tailpipe emissions, so it avoids contributing to the city’s CO2
levels and results in cleaner air for Londoners.”

Jonny Goldstone, managing director of greentomatocars, added: “We are very
pleased to be working with BYD on this project. As a partner company, BYD has
shown great leadership to challenge the status quo, innovate and electrify
mass transport - principles which go to the very heart of greentomatocars.”

“As a car, we see strong parallels between the e6 of today and the
then-unfashionable Toyota Prius of 2006. It’s exciting to think that, even as
a 5-car start up, we played a major role in making the Prius popular; given
the scale, experience and high-tech infrastructure we now have at our
disposal, we’d love to 'do a Prius' with the e6, and help propel electric
vehicles into the automotive mainstream - where they deserve and, for all our
sakes, need to be,” said Mr. Goldstone.

BYD has also been supported in this dealby London & Partners, the Mayor’s
official promotional organisation for London.

The five-seat e6 is a crossover vehicle with a spacious interior that lends
itself perfectly to the private hire market, with substantial legroom and
headroom for passengers, as well as ample luggage capacity. It is a
zero-direct-emission electric vehicle, which means that it emits no harmful
toxic emissions, criteria pollutants or harmful greenhouse gases. BYD e6 taxis
are well-proven and have already driven a total of more than 14 million miles
in key global markets.

The e6 features a 75kW motor and BYD’s own Fe battery (Iron Phosphate
battery), which gives the car a range of up to 186 miles on a single charge in
urban conditions with a top speed of 87mph and instant torque providing
excellent acceleration. The Fe battery can be fully charged and discharged for
more than 4,000 cycles.

Present at the signing of the Memorandum of Understanding were BYD Chairman
Wang Chuanfu; BYD Senior Director Henry Li, BYD Europe Business Director Paul
Lin; BYD EU Regional Manager Michael Miao; Co-founder and MD of
greentomatocars, Jonny Goldstone; Co-founder of greentomatocars, Tom Pakenham;
CEO UK and Ireland of Veolia Transdev, Nigel Stevens; and Marketing Manager of
greentomatocars, Hamish Phillips.

About BYD

BYD Co., Ltd is a leading-edge provider of green energy technologies that
specialises in the IT, automotive, and new energy industries. Being the
world’s biggest rechargeable battery manufacturer, BYD has also major global
market share for cell-phone contract manufacturing. 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. 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.

About greentomatocars

greentomatocars is London’s alternative to local minicabs, executive cars and
black taxis. Established in 2006 as London’s first green minicab company, its
fleet now numbers 300, making it the second largest in the capital. With free
Wi-Fi on board, text messaging on arrival and an iPhone booking app,
greentomatocars offers a quality service at highly competitive rates.
greentomatocars is part of the Veolia Transdev Group, the world’s largest
sustainable transport company. For more information please visit
www.greentomatocars.com

About London & Partners

London & Partners is the official promotional organisation for London with the
remit of attracting and delivering value to businesses, students and visitors.
London & Partners is a not-for-profit organisation, funded by the Mayor of
London and a network of commercial partners. For more information of London &
partners go towww.londonpartners.com

For more information, please visit www.byd-auto.net, www.byd.com.cn,
www.facebook.com/bydauto or emailbydpr@byd.com

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Contact:

BYD Europe B.V. Contact:
Michael Miao, +31 614847169
michael.miao@byd.com
or
BYD Overseas PR Contact:
bydpr@byd.com
+86 -755-89888888 ext. 62527