BYD & Didi Joint Venture Announces Major Deal For 2,000 Model BYD D1s – Its Ride-Hailing EV

China’s Mobile Energy Global has signed an agreement with Meihao Chuxing, a joint venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. The ride-hailing vehicles are intended for deployment in multiple cities within China, with deliveries expected to begin in H1 2021.

Launched in November 2020, model BYD D1 was jointly developed by BYD and Didi as the world’s first custom-built, all electric car for ride-hailing. Didi is deploying and promoting the ride-hailing service in a number of Chinese cities. Passengers can order the customised ride-sharing service via the Didi app.

Mobile Energy Global is owned by Ideanomics, a global company focused on the convergence of financial services and industries experiencing technological disruption.

Alf Poor, Ideanomics CEO, says: “The D1 is a very thoughtfully designed ride-hailing EV and is a culmination of the latest design and technology to bring drivers and their customers an enjoyable travel experience. We are very pleased to work with Meihao Chuxing and BYD to promote the sales of the D1,”

He adds: “Supported by a viable government subsidy program, the proliferation of EVs in China is a testament to the value that public and private partnerships can bring to large scale global challenges. We look forward to developing these types of partnerships and the rollout of more innovative vehicles like the D1 to our taxi and ride-hailing customers.”

Ideanomics is headquartered in New York, NY, with offices in Beijing, Hangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.