BYD betting on low-cost SkyRail light train system

BYD, China’s leading new energy vehicle manufacturer, said it will focus mainly on the emerging technologies of electric cars and light trains, said Li Qian, the secretary of the company, the 21st Century Business Herald reported. The train system, “Yungui,” which when translated means SkyRail, is the company’s self-developed low-cost overground metro system tailor-made for medium and […]