BYD to ex­pand busi­ness in Brazil

China Daily (Hong Kong) - - BUSINESS -

Chi­nese com­pany BYD will get a new line of credit to ex­pand its re­new­able en­ergy busi­ness in Brazil, lo­cal me­dia re­ported. The credit line worth 1 bil­lion re­als ($296 mil­lion) will al­low BYD to man­u­fac­ture elec­tric buses, so­lar pan­els and of­fer leas­ing con­tracts to lo­cal public trans­port com­pa­nies, said O Es­tado de Sao Paulo daily.

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