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jaarc-rm

04/04/13 7:25 AM

#377 RE: jaarc-rm #376

According to a report from the Chinese passenger statistics information network data, China's "new energy" (I'm pretty sure that refers to pure electric and hybrid) passenger car (Buses) sales increased from 2,044 during 2011, up to 6,614 in 2012.

Yutong new energy bus sales reached 1,840 in 2012, the market share of 27.8%, ranking first in the industry.

(Now consider that Yutong just sold 298 of them to one customer (?). That represents 16.2% of all of last year's "new energy" bus sales for Yutong...and 4.5% for the entire country.)

From another article...

"Yutong began to receive non-pilot city of Baoding, Wenzhou, Dongguan, more than 20 orders totaling more than 1,000 units. Currently, Baoding purchasing 298 hybrid buses (see previous post) in the first batch of 50 has been completed delivered and put into operation."

"Needless to mince words, in the field of new energy bus, whether technical leadership or market share, or to obtain the amount of subsidies, Yutong are (is) far ahead of other competing products enterprises."

From another article...

Nanjing Bus Exhibition...Clean energy and new energy buses into mainstream

This show, clean energy and new energy buses represented 27 out of the 58 total show cars (brought by 20 companies).

Of which, 11 were hybrid buses (5 electric hybrid, and 6 gas-electric hybrid), 10 were natural gas buses, and 6 were pure electric buses.

"New energy vehicles subsidy policy is about to come out, the price decline for new energy vehicles, sales of new energy vehicles will play a positive role."

The article also mentions that there were 10 school buses being exhibited as well.