China’s BYD to set up North American operations in LA

China-based BYD, a vehicle and battery manufacturer, has announced that it will establish its North American headquarters in Los Angeles. BYD said it plans to produce electric vehicles and associated components in the US for local consumption by 2

China’s BYD Automotive triples its year-on-year net profit

China's BYD (Build Your Dreams) Automotive has reported a net profit increase to 3.79 billion yuan (AUD$608 million) for 2009, more than tripling its 2008 figure of 1.02 billion yuan (AUD$164 million). Domestic sales have skyrocketed for BYD vehic