Replies to post #28419 on JB and ZJMY Holding Co (JBZY)

[BobDude]

Bingo! Great find.

[BeamMeUpScotty]

Wow Sir you just keep finding gem after gem after gem.

Ty for your efforts and that you share all this with everyone. It really is appreciated.

Many thanks

:) :) :)

[Beandog]

You keep looking; you keep finding; and you keep sharing.

Simply amazing! You are a DD machine with this one.

Thank you.

$DOLV

[floridany]

The translation says rental car, it really means TAXI car.

[Mojocash]

What a gold mine!!!! Thanx Floridany!

[rstar]

Gas-to-electric cab conversion in Beijing brings opportunity worth 9 bln yuan

NBD Zhao Cheng 17:57, 23, February, 2017 Beijing Time
All newly added or replaced taxies in the city of Beijing will be converted from gasoline to electricity. This is expected to create a market worth nine billion yuan (1.3 billion US dollars).
http://www.nbdpress.com/articles/2017-02-23/1613.html
CHENGDU, Feb. 23 (NBD) -- All newly added or replaced taxies in the city of Beijing will be converted from gasoline to electricity, according to a draft work program on air pollution control for Beijing, Tianjin, Hebei, and surrounding areas in 2017.

This is expected to create a market worth nine billion yuan (1.3 billion US dollars).

One expert says that such plan will not only make great contribution to environmental protection, but will drive the development of the new-energy vehicle industry.

But in the short term, taxi companies will face great challenges as prices of all-electric cars are almost two times higher than those of gasoline-powered ones.

If Beijing can speed up the construction of charging facilities at the same time, it will yield significant results, Cui Dongshu, the secretary-general of the National Passenger Cars Association, told NBD in an interview.

Liu Jinliang, Chairman of Geely's ride-hailing arm Caocao, hopes the government can grant subsidies to new-energy taxies, which he says will motivate more enterprises.



Email: [e-mail]

[floridany]

How Many Taxis Are There in Beijing?

When you search this term in google, you will find this answer:

Beijing currently has three million motor vehicles, of which there are about 66,000 legitimate cabs. There are also some illegal taxis (commonly known as "black car") running in and around Beijing.

In about five years, all these vehicles will be replaced with electric ones. This will be forcefully implemented by the government. Very soon, other parts of China especially big cities will follow suit. ZJMY has the longest mileage among all the competition and will soon dominate the market. Don't forget they have a solution of fast battery swapping system and they are building stations in three major cities and expand nationwide as franchise. The market is ours.

[shibainu12345]

For those like me that don't read mandarin....here is another website discussing it.

https://futurism.com/china-is-replacing-70000-taxis-with-electric-cars/