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BYD signs MOU to discuss EV JV in Singapore; distributing eBUSes and e6 taxis

Green Car Congress

and its wholly owned subsidiary SMRT International Pte Ltd, a multi-modal transport service provider in Singapore, have signed a Memorandum of Understanding (MOU) with BYD Company Limited to enter into discussions regarding the possibility of establishing a joint venture to distribute BYD’s eBUSes and e6 Taxis in Singapore.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Revenues, which have grown by about 45% annually during the past five years, reached $4 billion in 2008. He was paid about $265,000 in 2008, and he lives in a BYD-owned apartment complex with other engineers. Each of BYDs business units - batteries, mobile-phone components, and autos - was profitable in 2008, albeit on a small scale.

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