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China’s Build Your Dream

China’s BYD Auto said it is in talks to sell its battery products to overseas automakers as part of a bid to take a lead in the alternative energy vehicle sector. The firm is also in discussions with foreign governments regarding electric car projects.

BYD Auto is part of the BYD group, a Hong Kong-listed firm partially owned by US investment guru Warren Buffett. BYD stands for “build your dream”.

BYD Auto beat other products, such as General Motors’ Volt, when it launched F3DM, a plug-in hybrid, in China late last year. The company has said earlier the hybrid car is scheduled to go on sale in the United States and Europe in 2011. Looking forward to seeing these BYDs.



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