BYD Starts Sales of E6 Electric Car to Individuals in China
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BYD Co., the carmaker partly owned by Warren Buffett’s Berkshire Hathaway Inc., began selling its all-electric E6 to individuals in China today as it seeks to lead the country’s market for alternative-energy cars.
The E6, which has a range of 300 kilometers (188 miles) per charge, has a sticker price of 369,800 yuan ($58,200), BYD said today in Shenzhen, where it is based. Buyers in the southern Chinese city will qualify for as much as 120,000 yuan in subsidies, according to Li Ganming, a deputy director of the National Development and Reform Commission’s Shenzhen branch.