Feeds

Volkswagen eyeing ties with Chinese e-car firm?

Pair sign memorandum of understanding

Next gen security for virtualised datacentres

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). ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Our LOHAN spaceplane ballocket Kickstarter climbs through £8000
Through 25 per cent but more is needed: Get your UNIQUE rewards!
LOHAN tunes into ultra long range radio
And verily, Vultures shall speak status unto distant receivers
NASA to reformat Opportunity rover's memory from 125 million miles away
Interplanetary admins will back up data and get to work
SpaceX prototype rocket EXPLODES over Texas. 'Tricky' biz, says Elon Musk
No injuries or near injuries. Flight stayed in designated area
EOS, Lockheed to track space junk from Oz
WA facility gets laser-eyes out of the fog
Volcanic eruption in Iceland triggers CODE RED aviation warning
Lava-spitting Bárðarbunga prompts action from Met Office
LOHAN Kickstarter push breaks TWELVE THOUSAND POUNDS
That's right, folks, you've stumped up OVER 9,000 beer tokens - and counting
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.