Toronto, ON - July 19, 2018 (Investorideas.com Newswire) Build Your Dreams (BYD) Canada announced that the Toronto Transit Commission (TTC), Canada's largest transit operator and the third largest transit operator in North America, has placed an order to purchase a guarantee of ten 40-foot, fully electric zero-emission buses, with an option for an additional 30 buses.
The TTC order marks a significant milestone to meeting its target of buying only emission-free buses starting in 2025.
BYD Canada Vice President, Ted Dowling, said "We applaud the decision of the TTC to purchase these buses as part of their goal to be a zero-emission fleet by 2040. TTC is leading Canadian transit agencies to a brighter, cleaner future. These first ten buses alone will mean a carbon reduction of 700 Metric tons every year."
TTC's purchase is BYD Canada's seventh heavy duty electric bus order in the last two years, representing 66% of electric buses ordered. Earlier this month, BYD Canada delivered four more buses to St. Albert Transit, bringing their fleet to 10% electric, as well as two buses to Grande Prairie Transit, a city located north-west of Edmonton.
BYD had more electric buses on the Canadian roads than any other firm and has won 100% of the competitive bids for electric buses.
The Official Sponsor of Mother Nature™, BYD is the world's largest manufacturer of electric vehicles and batteries, and the overwhelming global leader in battery-electric buses with more than 35,000 buses in service across in service across 200 cities, 50 countries and six continents. BYD is also an industry leader in several other high-tech sectors, including high-efficiency automobiles, medium- and heavy-duty trucks, electric forklifts, SkyRail (monorail), energy storage and solar power generation. For more information, please visit www.BYD.com
Ted Dowling, Vice President, BYD Canada
250-217-4656 / Ted.Dowling@BYD.com
Sheila Given, Director of Communications, BYD
213-245-6503 / Sheila.Given@BYD.com
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.