来源： 作者： 时间：2010-8-17
BYD Successfully Acquired
An Entry into New Energy Bus Industry
On July 24, 2009, Shenzhen BYD Auto Company Limited, a wholly-owned subsidiary of BYD Company Limited, signed the Equity Transfer Agreement as transferee with Foshan Weishang to acquire the entire equity interests of Hunan Midea Coach.
Hunan Midea Coach, with its headquarters located in
BYD envisions entering into the new energy bus field through this acquisition and plans to produce new energy buses in 2010. Furthermore, BYD will manufacture passenger vehicle in
This acquisition contributes to BYD’s new energy bus manufacturing and marketing and further enhances its automobile production capacity.