BYD Signs Deal to Supply Sudan with Vehicles
Chinese carmaker BYD was signed a deal that allow them to supply Sudan with 10,000 vehicles including gas powered and new energy vehicles. Based on the deal BYD will first ship power systems and key components to Sudan, and then assemble the vehicles on a later date. BYD hopes that they can deliver all the vehicles before the year ends, but it all depends on the market response and volume.
According to BYD’s general manager for Middle East and Africa Auto Sales Division Hunag Zhixue that this will be the first time BYD received a big order in Africa and is expecting that the product can make a substantial difference. BYD already put up two assembly plants in Africa, Egypt and Sudan for gas powered vehicles. Although several globally known carmakers have cut down on their sales targets and have suffered heavy losses, BYD revenue has increased by 21 percent in the first six months of the year due to its new energy car sales.
BYD raked in 4.6 billion in gross profit or up by 21.4 percent from January to June and in the same period, car sales jumped 14 percent. BYD also provided solar modules to the Kalkbult project in one of South Africa biggest photovoltaic plants in the Northern Cape region. BYD signed the agreement in Beijing with GIAD Motor Co. Ltd. a Sudan state run company who is the only company that has the automotive production qualification in the country.