Recent reports from Norway have revealed that the country’s transit operator Nobina has placed two big orders with fast-growing Chinese automobile company BYD Auto for its new electric buses.
In a recent announcement, BYD has revealed that it has opened its new 24 GWh electric-vehicle battery factory this week. The factory is located in the Qinghai province in Western China.
In a recent warning, China’s BYD Co Ltd has said that it expects a year-on-year plunge of up to 90 percent in its net profit for the 2018 first quarter.
Daimler has partnered with BYD in China to unveil a new long-range all-electric car under its Denza brand. The new Denza electric car unveiled for the Chinese market is called the DENZA 500.
Shenzhen-based BYD Auto has signed an agreement with Philippines-based Columbian Motors Corporation (CMC) for export of electric buses and trucks.
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