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BYD and the Government of Ontario Discuss a Partnership on Sustainability and Electric Vehicles

12/01/2017

A senior Canadian government delegation from Ontario led by Kathleen Wynne, Premier of Ontario, and Michael Chan, Minister of International Trade, visited the headquarters of BYD Company Ltd., where they discussed a partnership in sustainability and environmentally friendly transportation. The delegation held meetings with a range of BYD executives including Macy Neshati, Senior Vice President of BYD North America, Ted Dowling, Vice President of BYD Canada and other representatives during their half-day tour.

       

                                   Kathleen Wynne, Premier of Ontario (middle) and delegation meet with BYD executives

“The commitment of Governments across Canada to green infrastructure and transit played a significant role in BYD since the company entered the marketplace in Canada 2 years ago,” said Macy Neshati, Senior Vice President of BYD Heavy Industries. “The shift to a greener economy requires leadership of government to help the private sector adopt sustainable practices. The Premier of Ontario has demonstrated a commitment to doing what it takes to achieve significant emission reductions.

Ontario is committing more than 190 billion Canadian dollars by investing in public infrastructure over 13 years, and has signed onto the Western Climate Change Initiative Cap and Trade Plan. The funds from both initiatives are supporting commercially important programs for BYD including the development of a green commercial vehicle incentive program.

“The strength of our technology and commitment to localizing the supply chains explains why we have won over governments and private consumers from our home base in China to Canada and Australia,” said Ted Dowling, Vice President of BYD Canada. “We look forward to working together with the Ontario government to provide environmentally friendly transportation and energy storage options for its residents.”

BYD is working on many significant orders that will bring final assembly operations to the province. Recently, the company has announced a partnership with Loblaw Company Inc to help electrify their massive fleet. The company is also working with many transit authorities to bring electric buses to Ontario.

"Ontario is a global leader in the fight against climate change,” said Premier Kathleen Wynne. “We have taken major actions to reduce greenhouse gas emissions, including eliminating all coal-fired electricity in our province and joining with the state of California and the province of Quebec to create the largest carbon market in North America and second largest in the world. All of the profits from that market in Ontario are re-invested to help families, businesses and buildings become even more energy efficient. Innovative green businesses like BYD are key to continuing our progress, so I was pleased to meet with company leaders today during my third mission to China."

 

 

 

About BYD

BYD Company Ltd. is a leading high-tech multinational company based in Shenzhen, China. Since its establishment in 1995, BYD has developed solid expertise in rechargeable batteries, becoming a relentless advocate of sustainable development. It has successfully expanded its renewable energy solutions globally with operations in over 50 countries and regions. After 22 years’ development, BYD has created a Zero Emissions Energy Ecosystem – affordable solar power generation, reliable energy storage, cutting-edge electrified transportation and a state of the art monorail. These Four Green Dreams make BYD an industry leader in the energy and transportation sector. BYD is listed on the Hong Kong and Shenzhen Stock Exchange. For more information, please visit www.byd.com


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