BYD and the City of Lancaster Announce Lancaster Energy Module and Electric Bus Manufacturing Facilities

  BYD and the City of Lancaster Announce Lancaster Energy Module and Electric
  Bus Manufacturing Facilities

Business Wire

LANCASTER, Calif. -- May 1, 2013

Today, BYD and the City of Lancaster joined together to announce the arrival
of two BYD manufacturing facilities in Lancaster. BYD, a leading international
firm specializing in rechargeable batteries, vehicle manufacturing and green
energy technologies, will begin operating an electric bus manufacturing
facility and an Iron-Phosphate energy module (large-scale battery)
manufacturing facility in the coming months. These mark the first
manufacturing facilities in the United States for BYD Motors Inc, a Los
Angeles-based subsidiary of the Chinese firm BYD Company Ltd (1211.HKE). “We
truly are making history,” said Mayor R. Rex Parris. “The City of Lancaster is
honored to play host to BYD, a first-rate firm known around the globe as a
leader in battery and sustainable energy technologies. Our community looks
forward to working hand-in-hand with BYD as they develop and perfect their
e-bus and energy storage technology right here in Lancaster. The opening of
not one, but two manufacturing facilities will provide local workers with
hundreds of jobs as BYD expands its operations here in the United States, and
also represents a significant investment into our local economy and in
California.”

BYD Coach and Bus Factory located at 46147 BYD Boulevard (previously 7th
Street West), Lancaster, Ca ...

BYD Coach and Bus Factory located at 46147 BYD Boulevard (previously 7th
Street West), Lancaster, California (opened May 1st, 2013) (Photo: Business
Wire)

China-based BYD, short for “Build Your Dreams,” boasts more than 160,000
employees around the world, with operations in China, the US, Europe, Japan,
South Korea, India, Taiwan, Hong Kong and other regions. BYD’s US corporate
headquarters is located in Los Angeles, while the Lancaster facilities mark
the firm’s first manufacturing facilities in North America. “Our relationship
with the City of Lancaster started in 2009, when Los Angeles County Supervisor
Michael D. Antonovich and the LAEDC President, Bill Allen, introduced us,”
said Stella Li, President of BYD Motors. “We have been extremely impressed
with the resources of LA County and the leadership shown across many cities,
including Los Angeles, Long Beach and Lancaster.” In 2010, Supervisor
Antonovich led a trade mission to China, inviting Mayor Parris and City
representatives to join in an effort to attract firms to Lancaster. Mayor
Parris and his team visited BYD’s headquarters in Shenzhen, China to further
develop the relationship. “We were pleased to initiate this vital partnership
with BYD, the County and the City of Lancaster and look forward to its
continued success with two new world-class manufacturing facilities that will
create jobs and enhance the economic vitality here in the Antelope Valley and
throughout the region,” said Supervisor Antonovich. As a result of the trip to
China, the BYD-City of Lancaster relationship bore its first fruit: the “Home
of the Future.” Upon returning to the US, Mayor Parris led an effort to
partner with BYD and homebuilding giant KB Home to create this “Home of the
Future,” which utilized BYD solar panels, BYD LED lighting, energy-efficient
technologies, and BYD residential energy storage to create an affordable green
energy home. “This innovative use of cutting-edge technology, coupled with the
ability of the BYD/KB team to think outside the box to create the most
affordable production green energy home our country had ever seen, was truly
inspiring,” said Parris. “This cemented the concept in my mind that BYD must
be part of Lancaster’s future. Their developing technologies dovetail
perfectly with our community’s sustainable energy goals, while also providing
stable green jobs for local residents.”

In April, BYD was awarded a $12.1 million contract with Long Beach Transit
Authority to produce 10 zero-emissions, all-electric buses. The company’s
state-of-the-art electric buses provide a range of over 155 miles on a single
charge, among the highest in the electric bus industry. “BYD is thrilled to be
a part of the new zero-emissions legacy beginning in Long Beach with their
electrified public transportation. Mayor Foster and LBT CEO Larry Jackson are
visionary leaders in that community,” stated Stella Li. “Additionally, our Los
Angeles Headquarters will continue to expand research and development jobs to
support these manufacturing facilities as well as sales and HR support for all
of North and South America – thanks to Mayor Villariagosa.” BYD has purchased
the former Rexhall Industries recreational vehicle manufacturing facility in
Lancaster at 46147 BYD Boulevard (previously 7^th Street West) to house its
electric bus manufacturing operations, as a decrease in demand for RVs has led
to excess capacity at the plant. Rexhall Industries will combine its
manufacturing operations with its sales facility on 23^rd Street West, while
President and Chief Executive Officer of Rexhall Industries, William Rex, will
stay on as General Manager for BYD Coach & Bus LLC. A number of current
Rexhall employees will also stay on as the plant transitions to BYD ownership.
“This truly is the best of both worlds,” said Mayor Parris. “With this
arrangement, BYD benefits from a ready-made, fully-permitted facility which
perfectly suits its needs, and will also enjoy access to the expertise of
highly trained personnel with extensive experience in the manufacturing
industry. Simultaneously, Rexhall staff will enjoy stable, green-sector jobs,
along with a significant number of local families who will benefit from the
new jobs BYD’s operations will create.”

About BYD

BYD is ranked #1 at the top of Bloomberg’s and BusinessWeek’s 2009 Tech 100
List
(http://www.businesswire.com/news/home/20100520006751/en/BYD-Tops-Bloomberg-Businessweek%E2%80%99s-12th-Annual-Tech
) and is the leading manufacturer of advanced, environmentally-friendly
battery technologies like the BYD Iron Phosphate battery used in BYD electric
vehicles and electric buses. BYD’s solar panels and LED Lighting systems have
CEC, TUV/CE and UL listings, and the company enjoys rapid growth in the
consumer electronics space and electrified transportation sector manufacturing
under its BYD brand. BYD is the fastest-growing Chinese automotive and green
energy technology enterprise. The Company trades on the Hong Kong Exchange
(HKE) under the ticker numbers (HK.0285 – BYD Electronics) and (HK.1211 – BYD
Company Ltd.), as well as on the Shenzhen Stock Exchange under the ticker
number (002594 - BYD Company Ltd.). For more information, visit www.byd.com,
www.facebook.com/bydcompany or email pr@byd.com.

About the City of Lancaster

The City of Lancaster is a thriving community of more than 156,000 in northern
Los Angeles County.Clean air, attainable housing, wide open spaces, and a
close-knit community make Lancaster the idealplace for families.A low cost
of doing business, endless potential for growth, and a strong commitment to
business from local leaders has earned Lancaster the Eddy Award for “Most
Business-Friendly City” in Los Angeles County from the Los Angeles County
Economic Development Corporation.In addition, Lancaster boasts more than 350
days of sunshine per year, making it the ideal place to pioneer new solar
energy technologies.

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Contact:

BYD
Micheal Austin, 1-800-BYD-AUTO
micheal.austin@byd.com
or
City of Lancaster
Joseph Cabral, 661-723-6053
jcabral@cityoflancasterca.org
 
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