Hong Kong’s First Pure-Electric Taxis Begin Service, Revolutionizing Public Transport

  Hong Kong’s First Pure-Electric Taxis Begin Service, Revolutionizing Public

   BYD e6 Taxi fleet and e6 Premier sedan to launch officially in Hongkong

Business Wire

HONG KONG -- May 16, 2013

Today, BYD announced the launch of Hong Kong’s first all-electric taxi fleet,
BYD e6 electric cross-over sedan at a launch ceremony held at the Hong Kong
Science Park. BYD closely collaborated with Sime Darby Motors Group (Sime
Darby), Hong Kong Taxi & Public Light Bus Association Limited, The Link
Management Limited, CLP Power Hong Kong Limited and The Hong Kong Electric
Company Limited to place into service the first batch of 45, BYD e6 Taxis. BYD
also announced that the e6 “Taxi version” and e6 “Premier” sedan were now
officially on sale in Hong Kong. Mr. John Tsang Chun-wah, the GBM, JP,
Financial Secretary of the Hong Kong Special Administrative Regional
Government welcomed BYD to Hong Kong and reaffirmed his commitment to
“promoting environmental sustainability by laying the foundation for Hong Kong
to become a zero emissions city.”

Hongkong first pure electric taxi fleet (Photo: Business Wire)

Hongkong first pure electric taxi fleet (Photo: Business Wire)

Mr. Wang Chuan-fu, Chairman and President of BYD Company Limited affirmed, “As
a leading innovator in the green-energy market sector, BYD uses best-of-breed
EV technologies for our e6 Taxis and e6 Premier sedans launching in Hong Kong.
This not only asserts our green vision for promoting environmental
sustainability for a better world, but is also a significant step for us in
bringing green transport to benefit all people -- we greatly appreciate the
presence of the Honorable Mr. Tsang at the ceremony today, as the support of
the Government is of critical importance to the promotion and implementation
of EVs in any country or region.” “The support of the taxi industry is
essential to the mass-adoption of EVs,” remarked Mr. Wong Chung Keung,
President and Chairman of the Hong Kong Taxi & Public Light Bus Association.
“We fully support BYD and Sime Darby’s introduction of pure electric taxis in
Hong Kong. Our association will embrace this trial project with enthusiasm. We
believe our upcoming co-operation with BYD for the promotion of electric taxis
in Hong Kong will successfully upgrade the taxi industry and our efforts will
not go in vain. We aim for a more pollution-free environment and our target is
full replacement of our present vehicles with electric ones in the near
future.” Sime Darby offers Hong Kong drivers an eco-friendly transport
supporting the development of a sustainable Hong Kong. Mr. Peter Goh, Managing
Director of Sime Darby Motors Group said, “We are delighted to work with BYD
in bringing the e6 Taxis and Premier sedans to Hong Kong, offering even more
unique, eco-friendly driving and transport experiences. Today’s launch is
another testament to our commitment to providing top quality and high
price-performance-ratio vehicles to our customers.” The BYD e6 is a spacious,
5-passenger, crossover vehicle (EV) powered by the BYD Iron-Phosphate (or Fe)
batteries -- it has a very long battery life with the highest safety level in
the industry. It takes only two hours to fully charge the e6 using AC charging
equipment developed by BYD. This pure EV can then travel for an unprecedented
range up to 300 km, providing both the driver and passengers with an
incomparable driving experience and zero emissions/ zero pollution.

The availability of charging facilities is also critical to EV customers -- in
conjunction with the introduction of Hong Kong’s first pure electric taxi
fleet and the e6 Premier sedans, BYD is setting up 47 chargers in 9 charging
locations near car parks throughout Hong Kong as the first phase of
deployment. To address the anticipated growth of EV adoption, BYD plans to
increase the number of charging facilities as adoption rolls out. These
charging stations are now dispersed across Hong Kong Island, Kowloon, New
Territories and Lantau Island. The selection of these locations was optimized
with the taxi-driver, shift-change locations, while taking into consideration
the distance between each station and forming a reasonable coverage network
for convenience. In addition, it is only anticipated that a one-hour recharge
would only be needed per shift (during a rest or lunch break). Pure electric
vehicles are becoming a major trend in the world, especially in densely
populated cities like Hong Kong, where many vehicles are driven in a compact
area day and night -- it is a pressing imperative that this public
transportation becomes cleaner. The launch of the e6 Taxi and e6 Premier sedan
underscores BYD’s commitment to its “three green dreams” strategy in new
energy, which is comprised of; solar energy generation made relevant by
environmentally-friendly energy storage, and responsibly using this green
energy in electric vehicles. The BYD e6 is a key piece in the BYD vision
Zero-Emissions-Eco-System, with this zero emission transport Sime and BYD help
bring Hong Kong and its eco-conscious public closer to their goal of
sustainability. For more information, please visit www.byd.com,
www.facebook.com/bydcompany or email pr@byd.com.

About BYD
BYD is ranked #1 at the top of Bloomberg’s and Business Week's 2009 Tech 100
List is the leading manufacturer of advanced, environmentally-friendly battery
technologies like the 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 Stock Exchange
(HKSE) 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.

About Sime Darby
Sime Darby is a Malaysia-based diversified multinational involved in key
growth sectors, namely, plantation, property, motors, industrial equipment,
energy & utilities and healthcare. Founded in 1910, its business divisions
seek to create positive benefits in the economy, environment and society where
it has a presence. Sime Darby is committed to building a sustainable future
for all its stakeholders. It is one of the largest companies on Bursa Malaysia
with a market capitalization of USD18.6 billion as at 30 June 2012.

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Sherry Li, +86-755-8988-8888
In US:
Micheal Austin, 1(800) BYD-AUTO
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