BYD (China) powers into monorail business
Carmaker is confident of earning 30 billion yuan in revenue from the new sector next year.
By CHAI HUA in Shengzhen, Guangdong | China Daily | Updated: 2017-09-02 09:58
http://www.chinadaily.com.cn/bizchin...t_31451447.htm
BYD, China's biggest electric carmaker, launched its first commercial monorail train service in Yinchuan, capital of the Ningxia Hui autonomous region, on Friday. Its SkyRail is also China's first straddle-type monorail system. BYD has intellectual property rights to its design and other aspects. The SkyRail system has seven rakes that will ply on the 5.67-km, eight-station route. Yinchuan plans to build a monorail network spanning 300 km in all in the future.
Passengers wait to board a monorail train of SkyRail in Yinchuan, capital of the Ningxia Hui autonomous region, on Sept 1, 2017.[Photo/XINHUA]
Carmaker is confident of earning 30 billion yuan in revenue from the new sector next year
BYD, China's biggest electric carmaker, launched its first commercial monorail train service in Yinchuan, capital of the Ningxia Hui autonomous region, on Friday.
Its SkyRail is also China's first straddle-type monorail system. BYD has intellectual property rights to its design and other aspects.
The SkyRail system has seven rakes that will ply on the 5.67-km, eight-station route.
Yinchuan plans to build a monorail network spanning 300 km in all in the future.
SkyRail's
seven trains have
three cars each. Each car can carry around
170 passengers at a speed of up to 80 kilometers per hour.
SkyRail construction started in April and
was completed in only about FOUR months at a total cost of about 600 million yuan ($91 million).