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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities.

Chinese 259
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Chinese Electric Car in 2008?

Plugs and Cars

I've long heard rumors of Chinese auto makers developing an electric car. It makes lots of sense, given Chinese battery production. Now Autobloggreen has a report out of China involving BYD. I recalled hearing in 2005 that BYD acquired a license from Ovonics to manufacture NiMH batteries.

Chinese 100
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Who is winning the green car race? Part II. The Green Piece

Green Cars News

Chinese automaker BYD may have been founded in 2003, but it wasn’t until 2008 that it garnered mainstream attention when Berkshire Hathaway, led by Warren Buffet, bought a 10 per cent stake in its parent company. Of all the ‘upstart’ green car companies, Tesla is the closest to breaking out into the mainstream. Fisker Automotive.

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Will China win the electric car race? The Green Piece

Green Cars News

Those were the words of Henry Li, head of Build Your Dreams (BYD) Auto’s export and trade division, as he spoke about the staggering growth of his company which launched one of China’s first electric saloon cars earlier this year. Now, BYD is set to conquer America. Why BYD is positioned to conquer. Our verdict.

China 49
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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

In late 2008, BYD started selling the first production PHEV in China. Beginning in 2005, we excerpted individual statements of intentions by carmakers, but by the start of 2008, the number of comments became too numerous for us to track. BYD also developed the motors and software for the system.

Plug-in 45
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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Last year Oregon had also aggressively negotiated with the Chinese carmaker, BYD , to manufacture its line of plug-in hybrids in the state for sale in the U.S.) And in a deal similar to the one already in place between Oregon and Nissan, Mitsubishi said it also plans to release its upcoming electric vehicle models the state.

Oregon 58