HomeBusinessWarren Buffett-Backed BYD Debuts its HAN EV in the Dominican Republic

Warren Buffett-Backed BYD Debuts its HAN EV in the Dominican Republic

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Warren Buffet-backed BYD has launched the HAN EV, a flagship NEV sedan, in the Dominican Republic. The HAN EV is the embodiment of the company’s expertise, experience, and vision. Its online launch event, themed “The Future Comes Now”, invited the famous Dominican comedian Mr. Juan Carlos Pichardo, leading the audience into a wonderful journey to discover the flagship HAN EV with a sense of future technology. In October, BYD Han has already arrived in Brazil, Mexico, Colombia, Uruguay, Costa Rica, and the Bahamas. The official launching in the Dominican Republic sets another important milestone for BYD in the LATAM and the Caribbean passenger vehicle market.

As the world’s first mass-produced model that applied BYD’s ultra-safe Blade Battery, the HAN EV can achieve 0-100km/h acceleration in 3.9 seconds. The intelligent electric high performance AWD HAN EV boasts a range of up to 550 km(NEDC test cycle) with a drag coefficient of 0.233 Cd which can reduce power consumption while improving driving range.

Nelson Peña, President of Peravia Motors S.A. says, “People’s preference for fuel vehicles is one of the main reasons for global warming. This is why we want to provide new energy solutions and always abide by the highest standards for technologies, safety, and warranties.”

“BYD is one of the most valuable NEV brands in the world and it plays a key role in the EV market. Therefore, we decided to introduce BYD EVs into the Dominican market,” says Sebastián Peña, BYD Brand Leader and Business Director in Peravia Motors S.A.

To protect the forests and ocean in this country, the Dominican government issued Decree 103-13 in 2013, which declares that the customs duties and value-added taxes on electric vehicles will be reduced to 50% of that of the fuel vehicles for the development of clean energy.

“As a leader of new energy vehicles, BYD holds its mission to lead the way in technological innovations for a better life. BYD HAN EV makes its debut in the Dominican Republic, filling the gap in the local high-end EV market and helping the Dominican Republic move towards the green future.” the statement added

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