Chinese green car maker opens LA office

October 25, 2011
The Chinese BYD E6 electric car is displayed during a press preview at the 2010 North American International Auto Show in Detroit 2010. Environmentally-friendly Chinese car and battery maker BYD said Monday it had opened a new North American headquarters here.

Environmentally-friendly Chinese car and battery maker BYD said Monday it had opened a new North American headquarters here.

The new offices for BYD, backed by US investment titan Warren Buffett, will bring up to 150 engineering and management jobs to Los Angeles, as well as serving as the headquarters for BYD dealerships across the continent.

"Our city’s environmental leadership and focus on the development of green tech jobs continues to attract innovative companies such as BYD," said LA mayor Antonio Villaraigosa.

"BYD is thrilled to be making this investment in Los Angeles, a global city working towards a green, sustainable future," added BYD Chairman Chuanfu Wang in a statement.

China's auto sector overtook the United States in 2009 to become the world's largest and last year sales rose more than 32 percent to a record 18.06 million units.

But the sector has since lost steam after Beijing phased out sales incentives such as tax breaks for small-engine vehicles, originally introduced to ward off the impact of the global financial crisis.

BYD, which makes both cars and batteries, had been focusing on the development of clean-energy vehicles, but the industry-wide slowdown has hit it hard, analysts say.

Last month BYD denied reports of mass layoffs but said a "reshuffle" was under way in its and management teams.

Explore further: Automakers go 'green' in Beijing

Related Stories

Automakers go 'green' in Beijing

April 28, 2010

Dozens of carmakers are showing off "green" vehicles at the Beijing Auto Show as they position themselves for a hoped-for alternative-energy boom in the world's biggest auto market.

Carmakers look to an electric future in China

April 21, 2011

Major carmakers' high hopes for electric vehicles are on clear display at the Shanghai auto show, but industry leaders say it could be a decade before such eco-friendly cars go mainstream.

Taiwan, China may develop electric cars together

November 16, 2009

Taiwan and China are looking into developing electric cars together and will hold a conference here next week to seek areas where they can cooperate, a Taipei official said Monday.

China poised to be world leader in electric cars

September 5, 2011

Do you have an electric car-charging station in your neighborhood? In your garage? I didn't think so. They're still pretty scarce, but that situation is likely to be short-lived. By 2017, according to a new report from Pike ...

China searches for high-tech leap forward

August 9, 2009

The manicured lawns and carefully sculpted buildings of Huawei's headquarters are a far cry from the sweatshop image of southern China's factory belt.

China's electric car tactics rattle automakers

April 20, 2011

The toylike electric cars at the Shanghai Auto Show are a glimpse of the high-tech automotive future China's leaders are pursuing - and a harbinger of possible disputes with its trading partners.

Recommended for you

A not-quite-random walk demystifies the algorithm

December 15, 2017

The algorithm is having a cultural moment. Originally a math and computer science term, algorithms are now used to account for everything from military drone strikes and financial market forecasts to Google search results.

US faces moment of truth on 'net neutrality'

December 14, 2017

The acrimonious battle over "net neutrality" in America comes to a head Thursday with a US agency set to vote to roll back rules enacted two years earlier aimed at preventing a "two-speed" internet.

FCC votes along party lines to end 'net neutrality' (Update)

December 14, 2017

The Federal Communications Commission repealed the Obama-era "net neutrality" rules Thursday, giving internet service providers like Verizon, Comcast and AT&T a free hand to slow or block websites and apps as they see fit ...

The wet road to fast and stable batteries

December 14, 2017

An international team of scientists—including several researchers from the U.S. Department of Energy's (DOE) Argonne National Laboratory—has discovered an anode battery material with superfast charging and stable operation ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.