BYD Company Ltd. announced the arrival of two BYD manufacturing facilities in Lancaster. BYD will begin operating an electric bus manufacturing facility and an Iron-Phosphate energy module (large-scale battery) manufacturing facility in the coming months.

BYD launched Green-Hybrid Technologies across entire car line-up at Shanghai Auto Show. BYD unveiled several technologies to improve fuel efficiencies by greater than 20% in all their 2014 vehicle line-up. They are calling it the 'Green Hybrid' initiative with 'Insta-Pure' cabin filtering systems. There are several breakthroughs tied to the 'Green Hybrid' initiative; first BYD becomes the first vehicle OEM to implement the higher-efficiency 48VDC vehicle voltage platforms using BYD's internally developed Iron-Phosphate batteries (versus older heavy-metal-laden, 12VDC Lead-Acid technologies). This new technology allows the battery life to be extended to the expected life of the car - no more worrisome starter-battery replacements. Vehicles transition to all-LED lighting, Electronic Parking Systems, Hybrid and regenerative braking, idle start-stop energy management, automatic engine starts, low rolling resistance and advanced aero-dynamic designs. 48VDC systems are not hindered by the line/harness power losses experienced with normal lower-voltage systems (saving important energy for batteries). BYD then implemented low-voltage, large-torque, double-winding motor technologies for battery-acceleration-assist and regenerative braking. These changes have been shown to save as much as 1.5 litres of fuel/100km (on a 30 mpg car, that's as much as a 7 mpg improvement!). BYD's 'Insta-Pure' cabin filtering technology help protect drivers and passengers from dangerous city PM2.5 issues (Particulate Matter up to 2.5 micrometers in size), by quickly rotating cabin air, scrubbing and filtering it, all in less than 3-5 minutes. The first production vehicles launching with this advanced cabin purification system are the new BYD S6 Premier models - debuting at this year's show. This level-4 purification technology is integrated into the vehicle's air conditioning system and detects the inside and outside particulate matter levels, triggering auto-air-filtering equipment, sterilizing, deodorizing and purifying all PM2.5 levels to below 12. This technology not only gives consumer families a cleaner driving sphere, but also provides a feasible scheme for improving all urban environments.

BYD Company Ltd. announced consolidated and standalone earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported operating income of RMB 12,883,871,000.00 against RMB 11,734,272,000.00 a year ago. Net profit attributable to shareholders of the listed company was RMB 112,387,000.00 or RMB 0.05 per basic share against RMB 27,040,000.00 or RMB 0.01 per basic share a year ago. Net cash flow from operating activities was RMB 741,003,000.00 against RMB 3,161,051,000.00 a year ago. Net asset value attributable to shareholders of listed company was RMB 21,332,854,000.00. Operating profit was RMB 131,656,000.00 against RMB 40,591,000.00 a year ago. Net cash flow from operating activities was RMB 741,003,000.00 against RMB 3,161,051,000.00 a year ago. Cash paid for purchase and construction of fixed assets, intangible assets and other long term assets was RMB 1,293,904,000.00 against RMB 1,183,864,000.00 a year ago. Weighted average rate of return on net assets was 0.53%. For the quarter on standalone basis, the company reported revenue from operations of RMB 7,189,389,000.00 against RMB 6,103,297,000.00 a year ago. Operating profit was RMB 10,768,000.00 against operating loss of RMB 32,118,000.00 a year ago. Net profit was RMB 35,334,000.00 or RMB 0.02 per basic share against net loss of RMB 26,014,000.00 or RMB 0.01 per basic share year ago. Net cash inflow from operating activities was RMB 458,569,000.00 against net cash outflow from operating activities of RMB 440,810,000.00 a year ago. Cash paid for purchase and construction of fixed assets, intangible assets and other long term assets was RMB 43,434,000.00 against RMB 3,056,000.00 a year ago. For the quarter, on consolidated basis, the company reported impairments loss of assets were RMB 52,365,000.00 against RMB 204,820,000.00 a year ago. For the quarter, on standalone basis, the company reported impairments loss of assets were RMB 4,069,000.00 against RMB 1,727,000.00 a year ago.