BYD's EVs set to green Singapore

A six-month trial of electric bus K9 begins; success could mean opportunities in the region

China's major electric vehicle or EV producer BYD Co Ltd is targeting Singapore to sell buses and taxis. It is relying on its time-tested overseas expansion strategy for the foray.

Promotion of electric vehicles for local public transport systems, and then localization involving establishment of research and development centers or assembly lines - they constitute BYD's strategy to enter a foreign market.