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For China's BYD, monorails are next big growth area

2016-12-02T10:11:34Z

Roughly half of BYD's revenue comes from its automobile business (Photo: BYD)(Bloomberg) --Chinese carmaker BYD is in discussions with several countries about exporting its monorail system, as its billionaire founder Wang Chuanfu seeks a new avenue of growth amid rising competition to sell electric vehicles in the world’s biggest ...