Byd Auto

The launch of BYD's plug-in vehicles has not gone as planned. The Chinese company's all-electric e6 has been delayed in the U.S. (in part because of a lack of infrastructure, the company says) and the plug-in hybrid F3DM did not sell well at all. In the recent past, profits tumbled and EV ...

It's coming in 2010. Scratch that. How about 2011? Oh shucks, that's impossible, too. Let's shoot for 2012. BYD Auto constantly alters the U.S. launch date of the electric e6 crossover. But this latest bit of info should relieve us of reporting further delays. When BYD announced its U.S. scheme, ...

Chinese automaker BYD, backed by U.S. billionaire Warren Buffett, continues to tumble down a rocky road. On Wednesday, Shanghai Daily reported that BYD is expected to lay off up to 70 percent of its workforce after a decline in sales led to a net profit of only 266.74 million yuan ($41.2 million ...

BYD may be struggling to launch its electric e6 crossover and its F3DM plug-in hybrid sedan here in the States, but the Chinese automotive juggernaut appears to have no problem lining up sales for its electric eBUS-12 in Asia. Following the signing of an agreement to sell its eBUS-12 in ...

Chinese automaker BYD, backed by U.S. billionaire Warren Buffett, may be headed down a rocky road. According to Daily Finance, BYD's troubles aren't limited to profits tumbling. In fact, Daily Finance hints that BYD will need to step up its game to keep Buffet from bailing out entirely. Troubles ...

At the 2011 Detroit Auto Show, Michael Austin, BYD Motors vice-president of marketing and public relations, confirmed U.S. pricing for the automaker's electric e6 crossover and its F3DM plug-in hybrid sedan. It was at that time that Austin revealed that BYD intends to sell "tens of ...

Chinese automaker BYD, backed by U.S. billionaire Warren Buffett, says its net profit for the first quarter of 2011 fell 84.4 percent year-on-year. In a filing last Wednesday, BYD reported its 2011 Q1 net profit of 266.74 million yuan ($41.2 million U.S. at the current exchange rate), compared to ...

Chinese automaker BYD raised a less-than-stellar 1.42 billion yuan ($219 million U.S. at the current exchange rate) in its initial public offering in Shenzhen, China late last week. Analysts say that BYD's IPO was weighed down by weak investor sentiment and worries over the automaker's poor ...

Today, Chinese automaker BYD will kick off its so-called IPO roadshow. The Warren Buffet-backed BYD, the darling of China's automotive industry, is looking to sell up to 79 million shares in its push to go public in China. BYD didn't disclose exactly how much coin it expects to raise in its IPO, ...

Chinese automaker BYD is reportedly seeking local partners in Indonesia as it looks to construct a $200-million vehicle and battery production facility in the Southeast Asian country. Reuters reports that Indonesia's investment chief revealed that the Warren Buffet-backed automaker has ...