9 erring body care centers shut in Riyadh    20,000 military emblems confiscated in Riyadh    Al-Samaani visits headquarters of Hague Conference on Private International Law    KSrelief provided over $7bln to support children around the world    Al-Jasser: Saudi Arabia to expand rail network to over 8,000 km    OMODA&JAECOO: Unstoppable global cumulative sales over 360,000 units    Saudi Arabia sees 73.7% rise in investment licenses in Q3 2024    Al Hilal doesn't need extra support to bring new players, CEO says    Rust premieres at low-key film festival three years after shooting    Fate of Gaetz ethics report uncertain after congressional panel deadlocked    Ukraine fires UK-supplied Storm Shadow missiles at Russia for first time    Netanyahu offers $5 million and safe passage out of Gaza to anyone returning a hostage    Indian billionaire Gautam Adani indicted in New York on fraud charges    Rafael Nadal: Farewell to the 'King of Clay'    Indonesia shocks Saudi Arabia with 2-0 victory in AFC Asian Qualifiers    Sitting too much linked to heart disease –– even if you work out    Yemeni Orchestra's captivating performances in Riyadh, showcasing shared cultural legacies    Future of Ronaldo's Al Nassr contract remains undecided, says Saudi Pro League CEO    GASTAT report: 45.1% of Saudis are overweight    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



First Chinese automaker in US to open plants
Published in The Saudi Gazette on 03 - 05 - 2013

Workers work in front of the logo of Chinese car manufacturer BYD (Build Your Dreams) Auto, at the World Electric Vehicle Symposium and Exposition (EVS) in the southern Chinese city of Shenzhen in this November 4, 2010 file photo. BYD Co., one of the better known Chinese brands, will open a plant in California. — Reuters
LANCASTER, California — The first Chinese-owned vehicle manufacturer in the United States unveiled ambitious plans Wednesday to eventually build as many as 1,000 plug-in electric buses a year at a refurbished RV manufacturing plant in a wind-swept, sage-dotted corner of the Mojave Desert.
In a news conference on a patio outside BYD's new energy-efficient production facility, the company's senior vice president, Stella Li, said the first of 10 zero-pollution vehicles, already on order from the city of Long Beach, should roll off the assembly line next year.
Within two years, Li said, BYD Motors expects to be producing 50 buses a year, and it will continue to ramp up production, hoping to reach the plant's capacity of 1,000 buses a year within a decade or two.
All the buses will be powered by the company's own iron-phosphate batteries, which will be manufactured at another plant near the bus factory in Lancaster, 60 miles (100 kilometers) east of Los Angeles. BYD is the world's largest manufacturer of rechargeable batteries.
"Today is a very special day for us," Li said. "Today marks the first time a Chinese vehicle company opens a vehicle manufacturing plant in the United States."
She said after the news conference that BYD has invested more than $10 million in the two plants, declining to give a more specific figure. When the vehicle plant reaches full production, she said, it could employ as many as 1,000 people.
BYD's North American headquarters in Los Angeles currently employs about 40 people but will also grow as bus production does, Li said. She expects it will add engineers and people employed in marketing, distribution, and research and development.
Since it was founded with 20 employees in 1995, BYD Co. Ltd., has grown to employ 150,000 people across China and in offices in Europe, Japan, South Korea, India, Taiwan, Hong Kong and elsewhere. Among its investors is US billionaire Warren Buffett.
The company, which got into the automobile business 10 years ago, has been looking to expand into the US market for some time.
Although China has surpassed the US as the world's largest auto market, Chinese manufacturers have seen domestic sales inhibited by the popularity of cars from the United States and Japan, and they've been looking to expand elsewhere.
"It's well known that Chinese manufacturers have been eyeing the North American market for years," said US auto industry analyst Michael Robinet, managing director of IHS Automotive in Northville, Michigan. "It's probably the most important market from their perspective," he said.
But Robinet said it's not an easy one to crack, thanks to the need to establish a dealership network, fluctuations in international currency and the volatility and competitiveness of the market itself. So it makes sense that BYD would try to gain a foothold by building its vehicles on American soil as a means of controlling price and quality, he said. – AP


Clic here to read the story from its source.