π Tender Overview
Recent geopolitical fluctuations in the Middle East continue to cause the world energy market to face many risks. Diesel prices have increased sharply and are difficult to predict, creating great pressure on fuel-intensive industries, including long-distance passenger transport. In that context, many transportation businesses are starting to recalculate the problem of vehicle investment, aiming for solutions that help reduce operating costs and stabilize business efficiency. Surely they will choose the car brand with good quality, low price and the most fuel economy. Download Kim Long Motors bus production and assembly line Among new options, electric buses, especially in the inter-provincial sleeper bus segment, are emerging as a notable direction. Fuel costs: A big problem for transport businesses In the cost structure of passenger transport businesses, fuel always accounts for a large proportion. On long North-South or inter-regional routes, a sleeper bus often operates at high intensity, an average of about 800 km per day. For vehicles using diesel engines, the common consumption rate is about 24 liters/100 km. If calculated based on the oil price of about 30,830 VND/liter, the fuel cost per kilometer of operation is about 7,399 VND. Thus, for fuel alone, a passenger car may have to spend nearly 6 million VND per day if running 800 km. In a context where oil prices may increase due to the geopolitical situation and the global energy market, this expense may increase sharply, putting great pressure on the business performance of transportation businesses. Therefore, many businesses are starting to pay attention to solutions that require using new vehicles with more economical and stable operating costs. Download Download Kim Long Motor aims at the dream of bringing Vietnamese brand cars with a localization rate of at least 70-80%, or even higher. Electric buses and operating cost advantages. One of the directions of interest is the electric sleeper buses developed by Kim Long Motor. According to technical specifications, this companys 34-seat electric sleeper bus model is equipped with a 357 kWh battery pack, which can travel about 401 km for 90% battery charge each time. The average electricity consumption is about 0.8 kWh/km. With an electricity price of about 1,620 VND/kWh, energy costs are only about 1,296 VND/km. Compared to 7,399 VND/km for diesel cars, electric cars help save about 6,103 VND per km of operation. If a vehicle runs 800 km per day, the energy cost savings can reach nearly 4.9 million VND/day. Calculated in 6 years of operation for 1 vehicle, the total savings from not having to use diesel fuel can reach more than 10.6 billion VND. This number is significantly larger than the difference in initial investment costs between electric vehicles (5.3 billion VND/vehicle) and diesel vehicles (3.7 billion VND/vehicle), showing the benefits The long-term economic advantage of electric vehicles in long-distance transport. In addition to energy costs, electric vehicles also have clear advantages in terms of maintenance and upkeep. Unlike internal combustion engines, which have complex mechanical structures, electric motors have fewer moving parts and do not require a fuel system or exhaust gas treatment. This significantly reduces maintenance costs throughout the vehicles life cycle. According to estimates by many transport units, the maintenance cost of electric vehicles is only about 5% of the vehicle value, while diesel vehicles can be up to 20% of the vehicle value. This difference continues to help businesses reduce operating costs in the long term. The appearance of new generation electric buses and passenger cars is also associated with Kim Long Motors investment in expanding production. This enterprise is developing a large-scale automobile manufacturing and assembly industrial park in Hue with many factories producing components and auxiliary systems. One of the notable projects is an engine factory in cooperation with Yuchai Group, one of the largest engine manufacturing corporations in the world. Yuchai engine factory in Hue has a total investment of about 260 million USD, built with an automation level of up to 90%, applying many modern production technologies. In the first phase, the factory is capable of producing more than 40,000 engines per year, serving commercial vehicles such as passenger cars, trucks and many types of industrial equipment. Mastering engine manufacturing technology is considered an important step, contributing to improving the localization rate and production capacity of the domestic auto industry. Download Kim Long electric bus handover ceremony to Korea Yuchai engine: Fuel-saving solution After more than 1 year with thousands of vehicles put into use, customers have commented: Kim Long Motor is the number 1 fuel-efficient vehicle company in Vietnam when compared in the same product segment. Currently, Kim Long Motor does not produce enough to supply domestic customers and serve exports. Kim Long Motors passenger car models are currently equipped with Yuchai S07 and Yuchai K11 engines, manufactured in Vietnam according to Yuchai Groups technical standards. In particular, the Yuchai K11 engine with a capacity of up to 410 horsepower, isDesigned for high-class sleeper buses, ensuring strong and stable operation on long routes. According to the company, these engines can save about 4-7 liters of fuel/100 km compared to many engines in the same segment from other brands. With an operating intensity of about 800 km per day, the savings reach about 32-56 liters of oil/day, equivalent to 960,000 - 1.7 million VND per day for each vehicle. If calculated in a year of operation, this savings can be up to 350 - 620 million VND, significantly contributing to the business efficiency of transport enterprises. Download Kim Long Motors electric bus serves passengers in Ho Chi Minh City. The trend of converting to environmentally friendly vehicles is takin