BYD Plant in Bulgaria
This just in, BYD (BYDDF:US) will start a 50-50 joint venture with Bulgarian energy company Bulmineral. The plant will be located 50 km west of Sofia, in Breznik. Production will focus on electric buses for Europe, the Middle East and Africa, but will also include cars, batteries, and LED lights. Estimates put the investment at around €135m, adding 1…