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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: SkyRail

A worker looks on at a BYD assembly line in Shenzhen, China. Photo: Reuters/Bobby Yip
Posted inChina, Shanghai

BYD eyes US$940 mln fund for light train promotion

by Asia Times staff December 6, 2017February 18, 2020

BYD, China’s leading new energy vehicle manufacturer, plans to set up a private equity fund of 6.25 billion yuan (US$940 million) to promote its light train system, Shanghai Securities Journal reported. The company said its wholly-owned subsidiary Shenzhen BYD Investment Management Co. Ltd. will issue the fund. Western Trust Co. Ltd. will subscribe 5 billion […]

BYD e6, an all-electric MPV manufactured by BYD Auto. Photo: Wikimedia Commons
Posted inChina

BYD betting on low-cost SkyRail light train system

by Asia Times staff November 1, 2017February 18, 2020

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