A model poses next to a BYD S7 SUV on media day at the Shanghai auto show on April 20, 2013. Photo: AFP
Doug Young
Opinion

Opinion

Doug Young

BYD raises cash, junks traditional cars

BYD's decisions to abandon traditional cars and issue more shares could buy it two more years to make its EV program succeed

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A model poses next to a BYD S7 SUV on media day at the Shanghai auto show on April 20, 2013. Photo: AFP
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