Buffett-backed BYD to open electric-truck plant in Canada

Employees manufacture electric vehicles at the BYD Coach and Bus factory in Lancaster, Calif., last month. (Patrick T. Fallon\/Bloomberg)

By:

Natalie Wong

November 15, 2017 05:00 AM

TORONTO -- BYD Co., the Chinese electric-vehicle maker backed by Warren Buffett, plans to open its first assembly plant in Canada, anticipating a surge in demand for electric trucks from municipalities and businesses.

Featured Stories

Nissan’s next CEO Ivan Espinosa opens up on what makes him tick

GM expanding use of regional hubs to pool inventory for dealers

Trump says auto tariff coming, teases reciprocal duty breaks

Hyundai Motor Group’s new $6B steel mill in Louisiana will help reduce tariff exposure

Latest News

Scammers are pushing auto loan fraud to record levels

Daily 5 report for March 25: Questions about Elon Musk unanswered by Tesla’s board chair

Aston drops the top on Volante with twin-turbo V-12 roadster

China’s Fuyao Glass to expand float glass output at Illinois factory

Staying current is easy with newsletters delivered straight to your inbox.

See More in Manufacturing

Live updates on tariffs: Trump says he’ll outline trade plan in coming days

Trump says auto tariff coming, teases reciprocal duty breaks

Daily 5 report for March 24: What automakers can learn from Hyundai’s big news today

How tariffs could impact a small-volume brand like Karma Automotive

Staying current is easy with newsletters delivered straight to your inbox.