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China’s BYD to Stop Producing Fossil-Fueled Vehicles on EV Shift

  • Firm said combustion-engine auto production ceased last month
  • BYD says it’s first carmaker in world to make such a shift
A BYD Han luxury sedan at a showroom in Beijing.

A BYD Han luxury sedan at a showroom in Beijing.

Photographer: Qilai Shen/Bloomberg
Bloomberg News
Updated on

China’s BYD Co. said it has stopped production of fossil-fueled vehicles since March to focus on electric and hybrid cars amid Beijing’s promotion of greener automobiles to cut pollution.

The Shenzhen-based company will still produce and supply components for gas-fueled vehicles and provide service and after-sales guarantees to existing customers, BYD said in its March output and sales statement to the Hong Kong exchange Sunday.