Press release

KYOCERA and BYD Japan to Collaborate on Integrated Energy System for Electric Vehicles

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Kyocera Corporation (TOKYO:6971, herein “Kyocera”) and BYD Japan Co.,
Ltd. (herein “BYD”), the Japanese arm of China’s BYD Co. Ltd., a
world-leading producer of electric vehicles (EVs), today announced a
joint project to develop an integrated renewable supply-demand energy
system for EVs. By combining renewable energy from Kyocera’s solar power
generating systems and BYD’s electric buses, the collaboration will
maximize the effectiveness of renewable energy, greatly reduce power
losses, and maintain a stable supply-demand energy balance.

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Kyocera and BYD Japan to collaborate on Integrated Energy System for Electric Vehicles (Graphic: Bus ...

Kyocera and BYD Japan to collaborate on Integrated Energy System for Electric Vehicles (Graphic: Business Wire)

For this project, Kyocera will develop the energy charge management
system to optimally control the supply-demand balance between energy
production and consumption by using aggregation technology developed
during Virtual Power Plant (VPP) test projects over the past several
years. This system will also incorporate the Kyocera’s renewable energy
generating system. Meanwhile, BYD will supply two models of electric
buses; K9, a large electric bus already available to the global market
and J6, a compact electric bus specifically developed for the Japanese
market which will be available in spring 2020. Additionally, BYD will
use its technological expertise in developing electric buses and
insights from energy consumers to consult on the project.

Following the Paris Agreement of 2015, countries and private enterprises
around the world have been working toward developing innovative
solutions to tackle global climate change. Since automobiles are
significant contributors to global CO2 pollution, it has
become a top priority to improve their energy efficiency. In Japan, the
Ministry of Economy, Trade, and Industry (METI) has encouraged the use
of xEVs* as part of its “Well-to-Wheel
Zero Emission
” policy which aims to reduce greenhouse gas emissions
by around 80% per vehicle, and up to 90% per passenger vehicle from 2010
levels by 2050.

In verifying the effectiveness of the supply-demand integrated energy
system for electric buses, Kyocera will also explore the potential of
other renewable energy applications such as independent power systems
for residential, transportation, and ride-sharing services in
collaboration with local communities, power retailers, and transmission
and distribution system operators. Kyocera aims to demonstrate this
energy system for EVs in 2020 with the goal of bringing it to market in
2021 after incorporating key findings from this collaboration with BYD.

About BYD
BYD Company Ltd. is one of China’s largest
privately owned enterprises. Since its inception in 1995, the company
quickly developed considerable expertise in rechargeable batteries and
became a strong advocate of sustainable development, successfully
expanding its renewable energy solutions globally with operations in
over 50 countries and regions. Its creation of a Zero Emissions Energy
Ecosystem comprising affordable solar power generation, reliable energy
storage, and cutting-edge electrified transportation has made it an
industry leader in the energy and transportation sectors. BYD is listed
on the Hong Kong and Shenzhen Stock Exchanges. More information on the
company can be found at http://www.byd.com.

About
KYOCERA

Kyocera
Corporation
(TOKYO:6971) (https://global.kyocera.com/),
the parent and global headquarters of the Kyocera Group, was founded in
1959 as a producer of fine
ceramics
(also known as “advanced ceramics”). By combining these
engineered materials with metals and integrating them with other
technologies, Kyocera has become a leading supplier of industrial and
automotive components, semiconductor packages, electronic devices, solar
power generating systems, printers, copiers and mobile phones. During
the year ended March 31, 2019, the company’s consolidated sales revenue
totaled 1.62 trillion yen (approx. USD14.6 billion). Kyocera appears on
the “Derwent Top 100 Global Innovators 2018-19” list by Clarivate
Analytics and is ranked #655 on Forbes magazine’s 2019 “Global 2000”
list of the world’s largest publicly traded companies.

* xEV: HEV(Hybrid Electric Vehicle), BEV(Battery Electric Vehicle),
PHEV(Plug-in Hybrid Electric Vehicle), FCEV(Fuel Cell Electric Vehicle)