China’s BYD to start selling electric vehicles in Japan next year
Chinese electric vehicle maker BYD (002594.SZ) will start selling battery electric cars in Japan next year, marking its entry into Japan’s passenger car market, the company said in a statement on Thursday.
The Shenzhen-based auto and battery producer, which includes Warren Buffett’s Berkshire Hathaway (BRKa.N) as an investor, held a brand conference in Tokyo and announced plans to start selling a small all-electric battery car called the ATTO 3 at the start of next year, followed by two additional EV models later in 2023.
The move comes as part of BYD’s current push to establish a presence in the global marketplace.
It has already started selling electric cars and plug-in electric hybrids in markets around the world, including Norway, New Zealand, Singapore, Brazil, Costa Rica and Colombia.