Passenger bus growth fatigue Yutong Lian pushes energy consumption agreement
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At present, passenger transport companies are facing the dual pressure of sharp drop in passenger traffic and rising operating costs, and this impact is also transmitted to the passenger car market. This year, the growth of large and medium-sized bus markets is weak. The data shows that from January to April this year, the sales volume of road passenger cars decreased by 4.92% compared with the same period of last year, and it fell for the first time in the past five years.
In order to alleviate this dilemma, recently, Zhengzhou Yutong Bus Co., Ltd. has teamed up with upstream parts companies such as Michelin tires and Fiat Power to establish a corporate alliance and launch the LCC (Life Cycle Cost Management) strategy.
According to the core content of this strategy, Yutong Bus will enter into an "LCC Energy Consumption Agreement" with its passenger transport company, and contractually agrees Yutong Bus's fuel consumption on specific lines. If it fails to meet the standard, Yutong Bus will compensate accordingly. Among them, Hebei Xingtai Transportation Group Co., Ltd. became the first signatory.
“In overseas markets such as Singapore, passenger transport companies will require companies to issue up to 17 years of LCC cost analysis reports when purchasing. However, there is no domestic full-cycle cost consideration for such products, and the cost of car purchase is simply Competition prices will not bring about technical upgrading and energy conservation in the bus industry,†Yutong’s official told reporters.
According to the source, in the past three years, Yutong found through effective case analysis that the passenger car purchase cost is about 15%, which is based on the current domestic passenger car's 10-year lifespan. The fuel costs and maintenance that continue to be generated during the use of passenger cars in the later period. Costs, etc. already account for 70% of the total life cycle cost of passenger cars.
"The fuel consumption accounts for 30% to 40% of the operating costs of passenger transport companies. Therefore, Yutong's cost management also cuts into energy consumption," said Yutong Coach. According to Yutong Bus's full life cycle management content, the project implementation plan includes road spectrum collection, car line matching, solution, trial training, signing of agreement and follow-up visit. Among them, according to the energy consumption agreement between the two parties, Yutong will agree with the passenger transportation company on the energy consumption value of the target line, if there is a higher than the agreed energy consumption value within one year of the tracking period, after determining that the vehicle causes excessive energy consumption, Yutong Passenger cars are compensated by the one-year energy consumption difference.
The announcement from Yutong Bus shows that in May, Yutong bus sales reached 4,910, a year-on-year increase of 26.9%, of which 2,586 were large passenger vehicles, up 25.5% year-on-year. In the first five months of this year, Yutong buses sold 19,318 buses, an increase of 9.77% year-on-year. Among them, the sales of large passenger vehicles increased by 18.4% year-on-year. In the product structure, hybrid buses are the main increment.
“Not only passenger transport companies, but also bus companies in major cities are our target customers for advancing the LCC strategy.†The above-mentioned sources said.