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BYD is to open its first factory in Brazil this year.
比亚迪今年将在巴西开设第一家工厂。
File phot of BYD representives negotiating with Brazilian side on July 17, 2014. The comapany is set to provide non-polluting buses and taxis for large cities in Brazil.
BYD is part of a consortium to develop a car-sharing scheme in Rio, initially2 with a fleet of 300 electric cars.
The factory will produce batteries, solar panels and assemble electric buses, and will be operational by the middle of this year.
Rio will host the Summer Olympics next year and several transport projects are under way to prepare the city for the event.
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