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BYD Looks Set to Revolutionize Public Transport

Electric vehicles (“EVs”) are poised to take over the world’s roads in the coming decades, replacing internal combustion engine vehicles and helping nations cut down on their carbon emissions. However, although several governments around the world have been pushing for residents to ditch their fossil fuel-powered vehicles for zero-emission electric cars, car owners have been slow to adopt EVs due to a variety of reasons. Some experts say that fleets, rather than passenger vehicles, will be the catalyst for mass EV adoption, and automakers and authorities should include these prospects in their electrification plans. One company that seems to have taken this to heart is Chinese automaker BYD.

Although the automaker isn’t widely known outside of China, it is one of the biggest players in the global EV industry. Founded by billionaire entrepreneur Wang Chuanfu in 1995 and backed by Warren Buffett, the Shenzhen-based company started out in the rechargeable batteries game before expanding to solar panels, mobile assembly and alternative-energy automobiles. As electric vehicles became more mainstream, the company used its expertise to move into the EV space, becoming the world’s largest electric vehicle manufacturer, although American EV maker Tesla later took the crown. Now, BYD is looking to revolutionize…

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