27 Jul '17, 12pm

Chinese maker BYD plans U.S. expansion into other electric industrial vehicles

Chinese maker BYD plans U.S. expansion into other electric industrial vehicles

It's been several years since Chinese electric-car maker BYD retreated from plans to sell cars in the United States, but now it may be ready to get more serious about the market. BYD has found success in building and selling electric buses for public transportation agencies, but it has not yet launched a vehicle for private consumers. The company plans to focus more on selling to the private sector in coming years, and to expand its efforts in heavy-duty electric vehicles as well. DON'T MISS: China's BYD built more plug-in cars than any other maker last year The latest information comes from CNBC after Stella Li, president of BYD Motors, discussed its future growth plans in the U.S. market. BYD is one of the world's largest producers of electric cars. The automaker sold more than 100,000 vehicles in 2016; in comparison, Tesla delivered 76,000 electric cars last year. BYD K...

Full article: http://www.greencarreports.com/news/1111769_chinese-maker...

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