‘We are thinking of a plant in Ecuador’

Ecuadornews:

Estella Li loved Quito when she arrived this year to spend vacations with her family.But in those days, the global vice president of the Chinese manufacturer BYDrealized that Ecuador has challenges in terms of mobility, such as reducing polluting emissions.

The second in command of this multinational, which makes an office in Los Angeles, closely follows the steps taken by Ecuador in transportation, as they have plans to install an electric bus factory here. It says that US cities have set 2035 and 2040 as the goal to change all their buses to the electrical system. And for that it supports with subsidies and incentives to the carriers. California gives $ 110,000 for the acquisition of electric units.

BYDsigned a memorandum of understanding with the Ecuadorian government to set up aplant in Ecuador. What is that process?

We are in the phase in which the execution of the plans that were subscribed in the memorandum is ready.

How long will it take for BYD to execute this plan?

Once the Government promotes the demand for 300 buses a year for the next 10 years,the next day we would be looking for the site of the plant, which would take between six and eight months to get up.

And the Government in that memorandum committed to some incentive to accelerate that goal?

The memorandum talked about incentives. Now we are trying to make them concrete.

You talk about California’s $ 110,000 incentives for carriers to purchase electric buses. Could that be applied in Ecuador?

In Ecuador, considering the economy, we can talk about a subsidy of $ 80,000 per bus. But more than generating a new subsidy, the silver used in the diesel subsidy could be moved to electricity. This could be moved to the entire electric mobility portfolio …

What type of plant do you plan to install in Ecuador? Will it be something similar to what they have in Lancaster, USA? (where there is a 45,000 m² factory)?

This plant is made for 1,500 buses per year. The one we have offered in Ecuador,minimum must be for 300 buses per year.

Is it just for buses or are you thinking of other types of cars?

Initially they would be buses, in case the demand grows little by little it would be invested in trucks, and in the case of the Sky Rail project (a kind of monorail)parts could be made in Ecuador.

Have you already identified the location for this plant?

Not yet.

From this plant would they export production to neighboring countries?

It depends on the cost of transportation to these countries. (I)

Source: https://www.eluniverso.com/noticias/2018/11/28/nota/7071747/estamos-pensando-planta-ecuador#cxrecs_s