BYD Auto Co.
Daimler, BYD plan new EVs for ChinaSept. 22
China's BYD expands U.S. manufacturing plantSept. 15, 2016
Samsung invests $449 million in China's BYDJuly 22, 2016
Samsung pursued a stake in EV specialist BYD after an affiliate was among foreign battery makers left off a list of suppliers approved by China, where sales of EVs are surging and the government has sped up construction of charging points. For Samsung, the foray into the auto industry is also a way to help make up for declining growth in hardware businesses such as televisions and smartphones.