Skip navigation
Annenberg School of Communication and Journalism University of Southern California

Top Stories

China's BYD Opens US Headquarters

Chinese electric car company opens headquarters in L.A.

Chinese electric carmaker BYD Co. opened its North American headquarters in Los Angeles Monday, a move officials said could bring hundreds of jobs and provide a U.S. hub for sales and research.

(BYD)
(BYD)

As part of the opening celebration at its offices on Figueroa Street in downtown L.A., BYD displayed one of the electric shuttle buses to be used by hertz to transport rental car customers at Los Angeles International Airport.

The opening will be a “catalyst that ushers in good jobs, global investment and a more sustainable future,” Mayor Antonio Villaraigosa said.

BYD, which is backed by billionaire Warren Buffet, makes electric and hybrid cars, charging systems, solar panels and LED lighting. BYD will import its electric cars and buses from overseas, concentrating on fleet sales next year.

The headquarters could provide up to 150 engineering and management jobs, officials said. It also could generate hundreds of other jobs in related industries, such as car repair and solar panel installation, Villaraigosa said.

The Los Angeles headquarters will benefit from being close to the Los Angeles and Long Beach ports, which together comprise the nation’s largest port complex. In addition, under Los Angeles anti-smog incentives, there will be a tariff reduction on the imported electric cars.

COMMENTS
Leave a comment
Name:
E-mail:*
URL:
Comments:*

L.A. Residents Feel The Pressure of Increased Metro Fares


By Drennon Kimpton and Rachel Scott
09/15/14 | 9:57 a.m. PDT

L.A. residents will need some extra change to ride the metro as the fare rates increase.

Residents Speak out About Possible L.A.P.D. Drones


By Kay Angrum
09/15/14 | 9:55 a.m. PDT

The possibility of drones within the L.A.P.D. has residents worried.

USC Career Fair

Gordo the Dog Caught in the Middle of L.A. Police Chase

Sarkisian: "We're in a Really Good Frame of Mind"

Trader Joe's Coming to USC Village

We detected that you might be on a mobile device such as an iPad or iPhone. Sorry, at this time the video box is only visible on desktop computers.
MOST POPULAR

Urban Outfitters Swing and Miss with Controversial Sweatshirt


By mholm
09/15/14 | 6:03 p.m. PDT

Red stains on a sweatshirt made some shoppers squirm.

USC Village Construction Officially Underway


By dzhu
09/15/14 | 9:39 a.m. PDT

The new USC Village is expected to be completed in 2017.