BYD’s global aspirations

Chinese EV maker BYD is becoming better known in the western world.

It aims to supply its batteries to Ford’s Changan Automobiles joint venture and plans to introduce its 520km range Tang EV600 SUV in Norway later this year.

Investor Warren Buffett’s Berkshire Hathaway has a 25% stake in BYD which is set to become a global EV force.

A document on the Chinese Ministry of Information Technology’s website reveals the BYD battery supply deal to Ford, first reported by Reuters

, FutureCar says.

Changan Ford is likely to provide more than 10 EVs to the Chinese market.

BYD recently formed a joint venture with Toyota to co-produce EVs and is involved in other arrangements too.

Australia and New Zealand are on BYD’s global list, the EV company aiming to bring its passenger cars to Australia soon, and it already has an arrangement to provide heavy EVs to Australia.

Despite a slump caused by the pandemic, BYD says it’s expecting a 25% net rise in profits for the first quarter, CarAdvice.com

reports.