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BYD Company Ltd. Message Board

  • eyjdenic eyjdenic Oct 30, 2009 2:54 PM Flag

    Outlook of BYD Co LTD - Very Bright !!!!

    Chinese firm BYD Auto is aiming to bring at least one electric vehicle to North America by 2011 or 2012, and is considering building an assembly plant in the United States, it said Monday at the Detroit Auto Show.

    The automaker showed the e6, an electric vehicle, and two other hybrid cars at the show. The e6 has room for five and has a range of 250 miles, BYD says.

    BYD launched the F3DM, or dual mode hybrid, late last year in China. The F6DM, a larger hybrid, was shown at Detroit.

    BYD board member Tony Mampilly said the company could bring two vehicles to North America, though the company faces challenges meeting federal regulations. It’s unclear when a plant would be built, if the company follows through with its plans.

    Still, the company has the backing of billionaire Warren Buffett, who invested $230 million in the firm last year through a subsidiary.



    Read more: http://www.autoweek.com/article/20090112/CARNEWS/901129983#ixzz0VRlNEbJI

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    • Outlook for BYD stock is much less certain, it is sooooooo overpriced.

    • that article is from Jan 2009---here is the way it is now, back to the original plan of 2010

      BYD may Debut on SZSE Next Year

      HONG KONG, Sep 02, 2009 (SinoCast Daily Business Beat via COMTEX) --

      Company: Byd Co Ltd (BYDDF)

      ............................
      The Hong Kong-listed company will use the proceedings from the A-share offering to push forward its EV (electric vehicle) sales plan in the US, said sources.

      The BYD Co. Vice President Wang Jianjun confirmed the saying. ***The company has decided to sell new EVs in the US in *2010*, according to its chairman***.

      Earlier this year, the Chinese company unveiled the e6 EV, the world's first 5-seated EV that can run 400 kilometers on a full charge, at the Detroit Motor Show.

 
BYDDF
7.00+0.05(+0.65%)Aug 31 3:59 PMEDT