BYD turns to Asian markets as Beijing cuts EV subsidies

Chinese automaker bets on commercial vehicles to pave the way overseas

20190325 BYD pressor Tokyo

Shinsaku Hanada, executive vice president of BYD Japan, introduced small electric buses designed for Japan's aging society at a news conference in Tokyo on March 25. (Photo by Keiichiro Sato)

AKIHIDE ANZAI, Nikkei staff writer

TOKYO -- China's biggest electric vehicle maker BYD is using its commercial vehicles to find a way into foreign markets as Beijing plans to end subsidies for electric vehicles by 2020.

BYD delivered a new fleet of electric buses to India earlier this month, and will launch small electric buses in Japan next year to help solve mobility problems for the country's graying population.

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