BYD Yuan on display at Auto China 2016 in Beijing, April 25, 2016. [Photo by Liu Zheng / chinadaily.com.cn] |
Shenzhen-based BYD, backed by Warren Buffett's Berkshire Hathaway Inc, has an 18 percent share of China's new-energy vehicle market, according to Bloomberg.
The automaker is showing its entry-level sport-utility vehicle called the Yuan at the ongoing Auto China 2016 in Beijing. The hybrid version of the Yuan starts from 209,800 yuan ($32,360).