The Chinese electric car maker BYD Motors (for “Build Your Dreams”) has established a beachhead in Southern California. The company has a new North American headquarters in Los Angeles, and a new agreement with Hertz. The car rental company will be using BYD’s electric buses to shuttle travelers between the airport and their rental cars. And some of those rental cars will be electric BYD vehicles as well.
BYD, incidentally, has backing from Warren Buffet. It plans to establish a network of dealerships across North America to sell its hybrid and all-electric cars, and claims the electric buses save $50,000 over their lifetimes.
Read more at Engadget.