BYD Backs Off Plan to Mass Produce by Mid-2010
BYD Backs Off Plan to Mass Produce by Mid-2010
March 16, 2010 /EIN PRESSWIRE/ One of the trendsetters in the electric car industry, Chinese automaker BYD Co. has backed away from plans to mass produce electric cars by the middle of 2010 in its home country.
Bloomberg reports that BYD will make 100 E6 electric cars that will be used as taxis in the company's home city of Shenzhen, but further development will depend on the success of the taxi program.
BYD has become one of the hottest auto manufacturers in China. The company's F3 sedan is one of the best-selling autos in China, and BYD's net profit more than tripled from the previous year.
Read more at Electric Cars News Today:
BYD Auto news - http://electriccars.einnews.com/news/byd
China Electric Car news - http://electriccars.einnews.com/china/
Located at http://electriccars.einnews.com, Electric Cars News Today is a service of EIN News, an industry leader in news monitoring for business professionals and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers to its members the latest electric car news from around the world, saving them valuable time they'd spend searching for information. New users to Electric Cars News Today can enjoy a no-obligation, one-week free trial.
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March 16, 2010 /EIN PRESSWIRE/ One of the trendsetters in the electric car industry, Chinese automaker BYD Co. has backed away from plans to mass produce electric cars by the middle of 2010 in its home country.
Bloomberg reports that BYD will make 100 E6 electric cars that will be used as taxis in the company's home city of Shenzhen, but further development will depend on the success of the taxi program.
BYD has become one of the hottest auto manufacturers in China. The company's F3 sedan is one of the best-selling autos in China, and BYD's net profit more than tripled from the previous year.
Read more at Electric Cars News Today:
BYD Auto news - http://electriccars.einnews.com/news/byd
China Electric Car news - http://electriccars.einnews.com/china/
Located at http://electriccars.einnews.com, Electric Cars News Today is a service of EIN News, an industry leader in news monitoring for business professionals and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers to its members the latest electric car news from around the world, saving them valuable time they'd spend searching for information. New users to Electric Cars News Today can enjoy a no-obligation, one-week free trial.
About EIN Presswire
The EIN Presswire press release distribution service is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for leading journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals in more than 80 different industries. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the newest business news at http://www.einpresswire.com and the latest world news in more than 80 different industries at http://www.einnews.com.
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