CHINA: BYD's EV to be shown to Buffett's shareholders
BYD has received an invitation by investor Warren Buffett to display its electric car models at his company's general meeting of shareholders on May 2.
The Xinhua News reported that BYD's F3DM or E6 may be selected to be shown at the meeting.
BYD has been striving to seek cooperation opportunities in North America as part of the company's efforts to enter the local market there.
BYD F3DM, China's first mass-produced plug-in electric hybrid sedan, was launched in December 2008.
BYD's sales increased 27.96% from 21,915 units in January to 23,819 units in February.
BYD has said it aims to double its car sales this year to 400,000 units.
The company plans to introduce more models and set up more sales outlets this year to spur sales growth.