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BYD and Bulmineral set up First Electric Bus Joint Venture in Europe

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BYD and Bulmineral set up First Electric Bus Joint Venture in Europe Powered By Docstoc
					
				
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posted:12/12/2012
language:Japanese
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Description: SOFIA, Bulgaria--(BUSINESS WIRE)--BYD and Bulmineral Ltd signed an agreement yesterday to create a 50:50 joint venture company, named Auto Group Motors, to produce electric buses in Europe. This is the first electric bus joint venture in Europe and the first overseas electric vehicle joint venture for BYD. BYD, the world’s largest electric bus manufacturer, will work together with Bulmineral Ltd, to manufacture pure electric buses in Breznik, Bulgaria. This will enable BYD to break into local ma
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