BYD To Sell Its Electric Cars In Europe
BYD Co. plans to start selling its electrical vehicles in Europe in the last quarter of 2012. Earlier this month, BYD Chairman Wang Chuanfu told the European press that BYD will export the ‘e6’ electric car and the S6DM plug-in hybrid from China to Europe by the end of 2012.
BYD, which is part-owned by American billionaire Warren Buffett, displayed the cars at the Geneva auto show this month. However, the automaker’s EV program has missed some deadlines. Originally BYD planned to sell its e6 in the U.S. market in 2011. The company has delayed that introduction until 2012. In China, the BYD has sold a small fleet of EVs to a taxi company in Shenzhen, the automaker’s home town. But the model is a slow seller in China
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