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BYD to build first cross-sea light train in Brazil

BYD, which is being affected by declining subsidies for new energy vehicles, is accelerating the expansion of its monorail systems to revive profit growth, Yicai.com reported. The Chinese new energy car maker just won the 2.5 billion-Brazilian real ($US689 million) contract to build a light transit system in Salvador, Brazil on Wednesday. The project is […]