Carmaker BYD Wakes Up from a 'New Energy' Dream

Auto and battery manufacturer BYD has more than 60 billion yuan in assets, about 180,000 employees, shares publicly traded on the Hong Kong and Shenzhen stock exchanges, support from powerhouse provincial governments, and a key investment from American billionaire Warren Buffett.

The company smells like a runaway success. And it's banking on the future: A mere 16 years after its start-up, Shenzhen-based BYD is now carving a market niche in China's new-energy sector, with plans to make solar power stations, electric vehicles and high-tech batteries.