BYD Co. Ltd presented a new brand for the competition from Tesla Motors

Moscow. June 9. information agency "Interfaks" - BYD Co. Ltd on new power sources (NEV), it is spoken in the press release of companies. Models under Fang Cheng Bao brand which name is meant on Chinese by "formula" and "leopard", will vary from SUVs to sports cars. The SUV with the code name "SF" which start is expected this year becomes the first in a ruler. Details about the cost and target sales markets of new cars do not reveal. Company was focused before on rather inexpensive cars, but now, apparently, will continue...