BYD to partner with Tianjin Bus Group on electric bus production

Updated: 2012-08-01
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Read more on: BYD   Tianjin Bus Group   Tianjin electric bus  
 
Wang Zhiping, vice mayor of Tianjin, met Wang Chuanfu, who is the chairman of BYD Company Limited, on 30th July and presented the signing ceremony of the establishment of Tianjin BYD Automobile Company Limited, which was co-invested by Tianjin Bus Group and BYD Company Limited.

"Tianjin Municipal Government attaches great importance to the development of clean energy cars and supported it with financial and administrative policies. At the same time, we started a trial operation of electric buses. Cooperation with BYD Company Limited can make the best of each side’s advantages and push the development of the electric car industry in Tianjin” said Wang Zhiping.

"We established the new company in the form of a joint venture, aiming to expand our investment scale in Tianjin and speed the development of new products.” said Wang Chuanfu “the ultimate goal of the new company is to make contributions to the development of Tianjin.”
 
SOURCE: WOT
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