Build Your Dream (BYD) Electric Cars from China
Chinese auto company Build Your Dream (BYD) plans to bring an all-electric sedan in small numbers to the U.S. next year. The company chairman Wang Chuanfu told the Wall Street Journal that the company, which is part-owned by investor Warren Buffet, is now gearing up for a U.S. push. It plans to raise money by offering shares in the company in China to help finance the expansion. BYD plans to offer a few hundred of one of its most advanced cars in the U.S., the five-seat e6, which takes seven to nine hours to fully charge and has a 250-mile range.
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