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Article: Built on low-cost goods, Beijing eyes bigger prizes
- Article from:
- International Herald Tribune
- Article date:
- July 31, 2008
- Author:
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David Barboza The New York Times Media Group
International Herald Tribune
07-31-2008
Built on low-cost goods, Beijing eyes bigger prizes
Byline: David Barboza The New York Times Media Group
Edition: 2
Section: NEWS
SHENZHEN, China --
Few people have heard of the BYD Corp. - BYD for Build Your Dream - but this little-known company has grown into the world's second- largest battery producer in less than a decade of existence. Now it plans to make a great leap forward by producing its own cars.
"We'd like to make a green energy car, a plug-in," said Paul Lin, a BYD marketing executive. "We think we can do that."
Even in go-go China, such lofty aspirations may sound far- fetched. But BYD has ...