Backed by Warren Buffett, BYD is short for “Build Your Dreams,” but the Chinese electric car maker has dreams of its own, such as dominating the world, or at least local markets. Previously the company has projected it will become “China’s No. 1 automaker by 2015 and the world’s leading car maker by 2025,” but
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Chinese automaker BYD isn’t a car brand immediately recognizable to most in the U.S., but the company is well established in sales of electric vehicles outside of the States. In addition to manufacturing electric transit buses, the company’s compact all-electric car, the e6, is also becoming a popular model for fleet purchases. BYD recently announced
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Chinese EV manufacturer BYD announced that is will provide the Colombian city of Bogotá with a fleet of 46 all-electric taxis. This first South American, all-electric taxi fleet will be launching next month with 46 BYD e6 cross-over sedans. These units will be placed into taxi service as of Q1 2013 in the Colombian capital.
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