Wang Chuanfu:Key Problems to be solved urgently during the Promotion of Electric Powered Vehicles-

Mr. Wang Chuanfu, Chairman of the Board of BYD Auto, introduced some specific problems met by BYD Auto in the practice of operating electric vehicles. He found that there were a lot of problems existing in the operation of the electric vehicle. High cost is the most serious one, and some policies and support problem still exist. Government is expected to improve the plan and break through the dead circle of the cost. The cost of battery occupies a large proportion in the cost of whole electric vehicle, which is close to 60%. Therefore, reducing the cost of battery is the core element in reducing the cost of the whole electric vehicle, which should be pushed forward by the government.


	Wang Chuanfu:Key Problems to be solved urgently during the Promotion of Electric Powered Vehicles
	Source： China Automotive Information Net 2009-09-06



	Mr. Wang Chuanfu, Chairman of the Board of BYD Auto, introduced some specific problems met by BYD Auto in the practice of operating electric vehicles. He found that there were a lot of problems existing in the operation of the electric vehicle. High cost is the most serious one, and some policies and support problem still exist. Government is expected to improve the plan and break through the dead circle of the cost. The cost of battery occupies a large proportion in the cost of whole electric vehicle, which is close to 60%. Therefore, reducing the cost of battery is the core element in reducing the cost of the whole electric vehicle, which should be pushed forward by the government.