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 taxis (pictured) to be dispatched in the main cities in the region: Dali, Wenshen, Qujin, Honghe, Kunming and Zhaotong.
In addition, it will then expand into urban public transportation with electric buses and then will work on setting up a new energy vehicle manufacturing base to serve the region.
Paul is a freelance writer with a background in everything from motoring to finance; and holidays to women's undergarments he just writes about them, honestly! He has now sadly crept into his early 30s and seems to have forgotten everything learned at school Still, he's a green car fanatic and isn't that what counts?
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