Beijing Public Transport Group and Beiqi Foton Motor Co. signed a purchase agreement for 800 vehicles and chassis for hybrid buses on the 28th. This is the largest single new energy vehicle trading contract in China so far, which indicates that domestic independent brand new energy vehicles have successfully entered the market from the R&D stage.
This is part of the demonstration project of “new energy vehicles†proposed by the Ministry of Science and Technology after the end of the Olympic Games and promoted throughout the country. Foton Motor Co., Ltd., as a leading company of self-owned brand commercial vehicles, has been laying out new energy strategies since 2003, and From the outset, new energy R&D and application have been taken as the core strategy for corporate development.
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