Buffett-backed BYD in major auto export push

Newswire

SHENZHEN, China, Feb 23 (Reuters) - China's BYD Co Ltd , backed by U.S. billionaire Warren Buffett, aims to sharply boost its car exports this year, banking on improving demand as the global economy recovers, an executive said on Tuesday. BYD, which makes both cars and batteries, is aiming to export 5-10 percent of the 800,000 vehicles it expects to produce this year, up sharply from last year when it exported about 2.2 percent of its 450,000 vehicles, said marketing department manager ...

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