Feeds

Volkswagen eyeing ties with Chinese e-car firm?

Pair sign memorandum of understanding

Beginner's guide to SSL certificates

Leccy Tech Volkswagen (VW) has tied itself in with Chinese car firm Build Your Dreams (BYD), thanks to a deal that’ll see the pair jointly explore e-car possibilities.

BYD_e6_01

VW's partnership with BYD could see it sell the Chinese firm's e6 'leccy car (above) in the UK

The pair signed a memorandum of understanding that’ll help them “explore the options for partnership in the area of hybrids and electric vehicles powered by lithium batteries”.

Exactly what this could lead to is still unknown, but comes roughly one week after Stefan Jacoby, CEO of VW of America, said that mass electric vehicle adoption is at least 10 years away.

Assuming Jacoby’s comment is an accurate reflection of corporate thinking at VW, then the firm’s differences with BYD could hardly be more marked.

BYD, for example, already sells a plug-in hybrid – the F3DM – in its native China and plans to put its pure EV e6 MPV into mass production during 2010.

So what's the point of the partnership? BYD's battery technology is hardly state of the art - making it difficult to see VW being too interested in that. VW’s also already the largest foreign carmaker in China, with a market share of around 18 per cent.

On the other hand, BYD could certainly use VW’s production engineering and quality control expertise. Especially so if it ever plans to pitch its e-car offerings at demanding European and North American buyers.

BYD doesn’t have a dealership network over here, so VW could see partnership as a way for it to dip a toe in the pure e-car market.

Admittedly this is reading deeply between the lines, but VW could bolt BYD e-car dealerships onto its existing VW/Audi/Skoda/Seat network and provide after-sales support.

If this is the case then BYD is the obvious Chinese e-car partner. Not only is its model development cycle rather more advanced – and realistic – than many, but the firm’s attracted the money of American investor Warren Buffet – who bought a 10 per cent stake for $230m (£145m/€164m). ®

Intelligent flash storage arrays

More from The Register

next story
Bond villains lament as Wicked Lasers withdraw death ray
Want to arm that shark? Better get in there quick
Renewable energy 'simply WON'T WORK': Top Google engineers
Windmills, solar, tidal - all a 'false hope', say Stanford PhDs
SEX BEAST SEALS may be egging each other on to ATTACK PENGUINS
Boffin: 'I think the behaviour is increasing in frequency'
Reuse the Force, Luke: SpaceX's Elon Musk reveals X-WING designs
And a floating carrier for recyclable rockets
The next big thing in medical science: POO TRANSPLANTS
Your brother's gonna die, kid, unless we can give him your, well ...
NASA launches new climate model at SC14
75 days of supercomputing later ...
Britain's HUMAN DNA-strewing Moon mission rakes in £200k
3 days, and Kickstarter moves lander 37% nearer takeoff
Simon's says quantum computing will work
Boffins blast algorithm with half a dozen qubits
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
The Heartbleed Bug: how to protect your business with Symantec
What happens when the next Heartbleed (or worse) comes along, and what can you do to weather another chapter in an all-too-familiar string of debilitating attacks?