Chinese automaker BYD just reached an epic milestone for the company. The company’s vehicles have been part of an electric taxi initiative known as the Green-Taxi Project, operating full electric vehicles in Shenzen for an entire year. As of April 29th, the fleet has reached a total of 2.77 million kilometers driven with an estimated fuel savings of $1167 per month, per taxi.

From the press release:

In total, BYD EVs have accumulated over 1.769 million all-electric miles and have seen no diminished range or capacity due to rapid-charging. BYD vehicles are estimated to have already saved $360,000 in fuel costs and over 2.776 million lbs of carbon-dioxide. BYD launched consumer sales of the F3DM in September 2010 and anticipates very good demand for the BYD e6 and all electric vehicles in China, fueled in part by government incentives for the purchase of electric vehicles.

This is big news as China continues to work toward a more balanced national carbon footprint. For more about the BYD initiative, check out the official press release.