BYD plans elec­tric car sales in United States

China Daily European Weekly - - Business -

BYD Co Ltd plans to sell elec­tric cars in the United States in about two to three years, an ex­ec­u­tive said on Jan 19, as it races to be the first Chi­nese au­tomaker to sell cars to US driv­ers. BYD, backed by War­ren Buf­fett’s Berk­shire Hath­away Inc, spe­cial­izes in elec­tric and plug-in petrol-elec­tric hy­brid ve­hi­cles. At present, its US pres­ence is lim­ited to pro­duc­ing buses and sell­ing fleet ve­hi­cles such as taxis. Li Yun­fei, BYD’s deputy gen­eral man­ager for brand­ing and pub­lic re­la­tions, said its pas­sen­ger car plan was not fixed as en­ter­ing the US was a com­pli­cated process. “It could be ad­justed,” Li said at an event in Bei­jing. “Now we can only say roughly two to three years.”

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