BYD Co<1211>, which is China's largest rechargeable battery maker and a well-known automobile producer, is planning to buy Hunan Sanxiang Bus Group from the Midea Group for at least RMB 2 billion to expand its production capacity of alternative fuel vehicles, according to the Hunan Economic Committees'...
By Shi Jierui Sanxiang coach Carmaker BYD plans to invest 2 billion yuan to build its third manufacturing base in Changsha, Hunan Province in central China. The company has been in talks with Hunan Sanxiang Bus Group since 2008, trying to acquire the company, which stopped production for almost a...
FMR LLC, the parent company of U.S. FIL Ltd, recently raised its shareholding in China's BYD Co<1211> to 8.32% from the previous 7.98%, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<388>. Information from HKEx showed that FMR bought 1.94 million shares of BYD on Jul. 6 for...
BEIJING, July 10 - Chinese battery and electric car maker BYD Co <1211.HK> is seeking to buy a bus making company in Hunan, central China, to increase production of alternative fuel vehicles, according to the...
By Shi Jierui BYD Auto sold 176,795 units in the first half of 2009, a 176 percent increase from a year earlier. The carmaker sold 19 units of its electric plug-in hybrid F3DM in June, and in May, BYD outpaced Chery with 28,017 units which are licensed. In the second half of the year, BYD will tr...
Shanghai, July 8 (Gasgoo.com) BYD Auto sold 176,795 vehicles in the first half of this year, a rapid increase of 176% from a year earlier, reported Shanghai Securities News, citing the carmaker's latest statistics.
U.S.-based investment company Fidelity International Ltd (FIL) has raised its shareholding in BYD Co<1211> to 6.05% from the previous 5.98%, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<0388>. HKEx said that FIL on Jul. 3 bought 398,500 shares of BYD, China's largest...
By Shi Jierui BYD e6 will enter the market at the end of this year with a price of 200,000 yuan. BYD e6 follows the design of crossovers or MPVs, with the front looking similar to the Honda Odyssey. It is a 5-seater pure electric car with an acceleration of 0 to 100 kph in 10 seconds. Its top spe...
By Shi Jierui BYD F3 Automaker BYD Auto sold 144,741 vehicles in the first five months this year. Its F3 model is the No.1 seller for BYD, with 96,181 units sold. BYD plans to sell 400,000 units in 2009, hoping to gain a 100 percent increase from a year earlier. And to help reach this goal, BYD w...
BYD Co<1211>, which is China's largest rechargeable battery maker and a well-known automobile producer, sold a total of 144,741 vehicles in the first five months of this year despite the global economic recession, the official Xinhua News Agency reported....