The Chinese BYD e6 is somewhat a staple of Shenzhen taxi companies, racking up a combined 3.8 million miles since its introduction; there is now an electric e6 with a range of 190 miles which recently started selling in China. The car is a five-passenger tall wagon and is on track to increase electric vehicle [...]
Chinese batter producer and electric car maker BYD, Build Your Dreams, will hold the launch of its North American operations today with the grand opening of its United States headquarters in LA. BYD said that the headquarters is estimated to bring 150 green-collar engineering and management jobs to the city. The company has hopes of [...]
Daimler and Chinese automaker BYD have put plans to build the first electric car of the collaborative effort on hold. The companies say that the premiere prototype will debut next April. Dieter Zetsche, Daimler boss, says that his brand is doing the majority of the planning and development on the car, and could easily work [...]
Chinese automaker BYD, the one also backed by Warren Buffett, announced that its profits fell 89% in the first half of 2011 due to lower vehicle sales, tougher competition and higher labor and material costs. BYD’s cars include the F3 compact, the F6 mid-sized sedan and the F0 city car. What didn’t help the slumping [...]
For any new automaker entering a market they previously didn’t sell in, there are many barriers along the way. A bunch of new models from China and India – including models from BYD, Mahindra and Tata – are on their way to the United States and according to GfK Automotive researchers, they will face some significant [...]
Warren Buffett backed Chinese automaker BYD shares surged on its Shenzhen trading debut yesterday over speculation it may benefit from government funding for electric-vehicle production. The stock closed 41 percent higher at 25.45 yuan. The Chinese government plans on announcing to invest 100 billion yuan ($15 billion) to assist companies to produce alternative energy vehicles. “BYD will [...]
BYD, aka Build Your Dreams, is a well known Chinese automaker and battery produced backed by billionaire investor Warren Buffet. The company said earlier this week that is moving forward with an initial public offering that will raise money for a huge expansion. BYD said in a notice to the Hong Kong Stock Exchange that [...]
Build Your Dreams, aka BYD, a company backed by Warren Buffett and Daimler AG’s electric-car partner, has won regulatory approve for a share sale on the Shenzhen exchange to fund its expansion in China. According to a statement posted on its web site Monday, the China Securities Regulatory Commission approved the planned A share issue. [...]
Warren Buffet put $232 million into BYD Co., a Chinese EV manufacturer with aspirations of competing in North America, virtually putting the company on the map. Diplomatic cables revealed by WikiLeaks raise some serious questions, as BYD is accused of blatantly copying technology and designs, and selling cars at cost to artificially inflate its market [...]
Chinese battery and car maker BYD Co. plans to finally begin test-marketing an all-electric battery car in the U.S. next year. The company is also in talks with officials in LA to supple e-buses to the city, which could in turn lead to a manufacturing plant in the city. The car was supposed to be [...]
