Motor Vehicles and Parts News
- Guangdong News
Date: 23-Apr-2007 Sources: (Shenzhen Daily)
BYD Co. intends to list its carmaking business on a stock market within 2-3 years, a senior executive said Friday.
Vice president Lian Yubo said the location of the listing and the size of the share offer had not been decided. The company's car subsidiary, BYD Auto, based in Shenzhen, was formed when the parent bought a State-owned auto plant in 2003. It has been developing hybrid vehicles.
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