BYD Company Limited (BYD) has signed a Letter of Intent (“LOI”) with the city of Frankfurt to introduce BYD’s all-electric long-range eBUS.

Petra Roth (Mayor of City of Frankfurt), Frank Markus (Head of the Department of Economics, Personnel and Sport), and Henry Li (Senior Director of BYD) were all at present at the signing ceremony in the Römer City Hall today.

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The German city announced that it was working towards a plan to implement an integrated electric mobility system aligned with public transportation and the utilities companies. BYD will supply three all-electric buses eBUS-12, two DC charging stations and technical support in the first quarter of 2012. These electric buses will be used as shuttles at Frankfurt’s Airport and Public transportation routes to the Gateway Gardens in Frankfurt.

“This electric bus project shows the tremendous innovation of our city and will expand our leading position in the electric vehicle development. With BYD, we are implementing a project with high technological standard that will bring both sides new insights for the design of electric vehicle in the future,” said Mayor Mrs Petra Roth during the signing.

“Our 100% electric model K9 has proven to be a product that not only can significantly reduce pollution in large cities, but also can reduce up to 70% of the operating costs. BYD is committed to introduce such high-tech products to supporting Frankfurt as one of the pioneer cities in Europe in public transport systems,” said Mr. Henry Li.

“I’m sure that with all the measures that we summarize under the FrankfurtEmobil will advance the issue vigorously. With the use of electric buses, we are actually entering a new territory which will bring enormous benefits for the public transportation with less costs and less emissions,” said economic affairs officer Frank Markus.