Contract could be worth up to £2bn
Bus builder Alexander Dennis signs electric vehicle deal with Chinese
The agreement is one of a number being signed between the UK and China during Chinese president Xi Jinping’s visit to Britain.
The initial deal with BYD, worth an estimated £660 million over ten years, is to build 200 single deck low-emission buses a year with options to build double deckers, taking the value to about £2bn.
It is a huge boost for Larbert-based Alexander Dennis which already makes electric vehicles and will now capitalise on this tie up with the world’s biggest manufacturer of rechargeable batteries.
Founding chairman of BYD Wang Chuan-fu said: “Working with top industry partners such as ADL will enable us to speed up acceptance of our vision for fully-electrified public transport systems that can make a major contribution towards the clean air challenges facing cities around the world.
“ADL’s know-how and local market experience in the UK, combined with their global expertise in the double deck sector and our class-leading knowledge of electric technology, creates the perfect platform to jointly develop a range of cost effective, emission-free vehicles to suit every requirement.”
ADL chief executive Colin Robertson said: “This is the start of an exciting journey with enormous potential and we are delighted to be working with BYD.
“Their expertise in electric vehicle technology is second-to-none, while we have a global reputation for robust, reliable, high performance vehicles that deliver what they promise – and are backed by world-leading parts and service support, both in the UK and international markets.
BYD and ADL first indicated their intention to work together in July this year when the former confirmed it had won an order for 51 full electric single deck buses for Transport for London.