BYD and Bulmineral set up electric bus joint venture in Europe
Green Car Congress
DECEMBER 14, 2012
China-based BYD and Bulgaria-based Bulmineral Ltd signed an agreement to create a 50:50 joint venture company, named Auto Group Motors, to produce electric buses in Europe. BYD, the world’s largest electric bus manufacturer, will work together with Bulmineral Ltd, to manufacture pure electric buses in Breznik, Bulgaria.
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