Chinese Electric Vehicle Maker BYD Seeks Jump Start with Asset Sale

Struggling electric car maker BYD (HKEx: 1211; Shenzhen: 002594) is starting to look a bit desperate, announcing a major asset sale just days after it received approval for a stalled finance joint venture aimed at boosting its sputtering sales. The approval this week for its auto finance joint venture comes as rival Geely (HKEx: 175) also has just

via Renewable Energy News – RenewableEnergyWorld.com http://ift.tt/1DhcXek

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