LONDON CAR SERVICE GOES TO CHINESE PLUGS

BYD to Expand Electric-Car Leasing Deal With London Hire Service

November 27, 2014 (Bloomberg News)

“BYD Co. will lease 200 of its e6 electric cars to a London private-car service by April, the largest overseas rental agreement for the Chinese automaker that counts Berkshire Hathaway Inc. as a shareholder…BYD has delivered 32 of its e6 vehicles to London-based Thriev, which operates a chauffeur service using only electric cars…The company said it’s also working on plans to export e6 cars and electric buses to markets including Chicago and New York, without giving more details…Founded by billionaire Chairman Wang Chuanfu as a battery and handset-component maker, BYD has branched into manufacturing electric cars and has targeted selling its vehicles in the U.S. by next year. The company’s electric cars are used by taxi fleets in its hometown of Shenzhen, in southern China…BYD [also] beat France’s Renault SA and Japan’s Nissan Motor Co. in a tender to supply emission-free taxis [last month] in Brussels…” click here for more

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