Chinese automaker BYD Co. is sending 50 electric cabs to London in a boost to China's struggling makers of all-electric vehicles.
BYD and cab company Green Tomato Cars Ltd. announced this week they will start trial use of 50 of BYD's e6 sedans in late 2013. They said it will be the British capital's first all-electric fleet.
BYD, one of whose investors is Warren Buffett's Berkshire Hathaway Corp., is seen by industry analysts as China's most advanced competitor in the infant electric vehicle industry.
Source: AP. Read full article. (link)