The BYD Corporation — where BYD stands for Build Your Dream — has grown into the world’s second-largest battery producer in less than a decade of existence.
Now it plans to make a great leap forward.
Paul Lin, a marketing executive with the company, said, ‘We’d like to make a green energy car, a plug-in. We think we can do that.’
BYD has built a 148,000-square-meter auto assembly plant here and hired a team of Italian-trained car designers; it plans to build a green hybrid by the end of the year.
BYD was founded in 1995 by a scientist who studied metallurgy, the company has made lithium batteries, cell phones, camera equipment, auto parts and other components for Nokia, Motorola and Sony, among others, gaining experience in producing high-quality goods.
Paul Lin said, ‘The technology for a car is not that sophisticated. It’s big, but a lot of low technology.’
Source: New York Times
