Electric car maker BYD to expand across China: BYD may have slipped from the spotlight in recent times having or...

Electric car maker BYD to expand across China

thegreencarwebsite.co.uk 14 Sep '12, 6am

Electric car maker BYD to expand across China: BYD may have slipped from the spotlight in recent times having or...

BYD may have slipped from the spotlight in recent times having originally enjoyed extensive media attention when billionaire Warren Buffet invested in the company, but it now looks set to become an even stronger brand. That’s because the electric car maker has announced its intentions to open new manufacturing plants in Yunnan Province – meaning it will be expanding its business across south-west China and neighbouring Asian countries. Currently, Yunnan Province has a population of around 50million and borders with Laos, Vietnam and Myanmar. It has vast metal and mineral reserves meaning it is a strong location for manufacturing and it receives around 70 per cent of its electric power supply from hydropower. As an ideal location for electric transportation, BYD has chosen to form a co-operation with Yunnan Investment Holdings Group that will see BYD supply its e6 electric ...

Full article: http://www.thegreencarwebsite.co.uk/blog/index.php/2012/0...

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