Carmaker may head to Saudi Arabia
By Li Fangfang | China Daily | Updated: 2014-07-02 07:11
BYD Co exploring ways to set up shops in Middle Eastern markets
Chinese battery and car maker BYD Co Ltd is planning to set up a vehicle manufacturing facility in Saudi Arabia, to further accelerate its international expansion.
Ibrahim Qahtan, BYD's director in charge of Middle East market, said in a recent interaction that the Warren Buffett-backed company is exploring the possibility of having an assembly plant in the country, to provide vehicles and spare parts for the local market.
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