Robert Besser
08 Dec 2022, 22:11 GMT+10
TOKYO, Japan: China's BYD Co's said it would start selling its first electric vehicles in Japan early next year.
China's BYD, in which the American Berkshire Hathaway owns a stake, said it will roll out ATTO 3, an electric sports utility vehicle in Japan starting January 31, with a cruising distance of 485 kilometers and costing $32,735.66.
In comparison, Nissan Motor Co's electric Leaf standard model has a cruising range of 322 kilometers and costs about $27,000.
BYD's Japan outlets are set to introduce two more models by the end of 2023 and open more than 100 dealerships in Japan by the end of 2025, the company said.
Gasoline-electric hybrid models remain more popular than electric vehicles in Japan. However, the share of the battery-driven vehicles is expected to grow, partly due to non-Japanese automakers like BYD and Volkswagen making their way into the market.
BYD's Japan division is planning to set up tentative retailers starting late January in 22 cities, but is eager to cover all 47 prefectures, said Atsuki Tofukuji, BYD Auto Japan Inc chief executive.
"We hope that we can make our presence felt little by little as we work toward carbon neutrality and as our customers demand a variety of choices," he said.
Get a daily dose of Tampa Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Tampa Star.
More InformationPublic health experts have welcomed Mexico's ban on cigarette smoking in all public places, including hotels and beaches, after the ...
YONKERS, New York: After testing discovered harmful levels of heavy metals in chocolate, consumer magazine Consumer Reports has urged four ...
OUAGADOUGOU, Burkina Faso: As Burkina Faso, in western Africa, faces an Islamist insurgency, it is set to end a military ...
TOKYO, Japan: Japanese Prime minister Fumio Kishida said this week that it was "now or never" for Japan, one of ...
WASHINGTON D.C.: As part of its efforts to simplify the national COVID-19 vaccine strategy, the US Food and Drug Administration ...
WASHINGTON D.C.: US authorities said this week that a surge in Cubans and Nicaraguans arriving at the US border with ...
NEW YORK, New York - U.S. stocks hesitatingly continued higher Friday, reflecting widespread gains, albeit modest ones, across the globe."We're ...
NEW YORK CITY, New York: As early as this year, lab-grown meat could be served in some restaurants in the ...
BANGKOK, Thailand: Following China's reopening and the end of its strict COVID-19 restrictions, businesses on Thailand's holiday island of Phuket ...
NEW YORK, New York - Recession fears faded on Wall Street Thursday as annualized 4th quarter GDP (gross domestic product) ...
WASHINGTON D.C.: In December 2022, US existing home sales declined to a 12-year low, but lower mortgage rates raised cautious ...
SEOUL, South Korea: Korea Customs Service data released this week showed that South Korean exports for the first 20 days ...