BYD (OTC: BYDDF), the Chinese electric vehicle (EV) manufacturer of which Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) owns 25%, announced yesterday that it expects to launch its vehicles in Europe for the first time in 2020. Having already gained global success with the plug-in hybrid version of the vehicle, BYD plans on introducing the second-generation BYD 'Tang' compact SUV in Norway this year as the company attempts to expand its presence in the European market.
With a range of up to 373 miles (520 km), the BYD Tang EV600 is fully electric and features permanent all-wheel drive. Pricing on the vehicle is currently unavailable.
Image source: BYD Europe corporate website.