11 Votes

Boost it!

BYD, the Chinese automaker, is less than 15 years old, but the company wants to be the biggest automaker in the world by 2025, reports The Associated Press.



“It’s our company’s long-term target, to be China’s No. 1 automaker by 2015 and to be the world’s leading car maker by 2025,” said Jasmine Huang, a senior marketing representative for BYD.

The company, which was founded as a maker of cellphone batteries in 1995, has already achieved quite a bit in its short time in the auto business. Last December, BYD became the first automaker to sell a plug-in hybrid car, beating General Motors and Toyota to market. Warren Buffett owns a 10 percent stake in the company and recently stated his intentions of increasing his share.



Read Article

Chinese Automaker BYD Wants to Top Toyota by 2025

About the Author

topneuro

User Comments

EL34
Badgewhore
Agent63
TopGear
HyundaiSmoke
huu76
Badgewhore
truthpursuit
veyron1001
huu76
huu76
huu76
huu76
HyundaiSmoke
huu76
huu76

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]