Apr 05, 2022 06:45 PM

BUSINESS

BYD Stops Making Fossil-Fuel Powered Cars, Goes Fully Electric

By Huang Rong and Manyun Zou

BYD has stopped the production of fossil-fueled vehicles since March. Photo: VCG

BYD has stopped the production of fossil-fueled vehicles since March. Photo: VCG

Shenzhen-based BYD Co. Ltd. (002594.SZ) has stopped the production of fossil-fueled vehicles since March, as the automaker shifts gears to go all-out on electric vehicles (EVs) amid China’s green ambitions.

In a tweet, the Warren Buffet-backed automaker said the decision makes it “the first automotive manufacturer in the world to stop the production of fuel combusting vehicles.”

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