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:*

President Obama Announces Executive Action for Immigration Reform


By JT Arowosaye, Taylor Villanueva and Stassy Olmos
11/20/14 | 1:18 p.m. PST

President Obama discussed his plans to fix the broken U.S. immigration system in his White - House speech, Thursday.

Iconic Director Mike Nichols Dies at 83


By Brianne Tracy
11/20/14 | 11:21 a.m. PST

The world of entertainment has lost one of its greats.

Barbie Dolls

USC Annenberg Awards Microsoft Innovator

No. 19 USC Finishes PAC-12 Schedule vs. No. 9 UCLA

Thursday 11/20/14

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

Javier Bolden Sentenced to Life Without Parole in Double USC Murder


By Ani Ucar, Celeste Alvarez
11/17/14 | 9:20 a.m. PST

Javier Bolden was sentenced to life without the possibility of parole in the murder of two USC international students in...

#USC Dominates on Twitter Ahead of USC-UCLA Game


By Duanli Zhu
11/17/14 | 3:09 p.m. PST

All this week, we will be tracking who's winning on Twitter, #USC or #UCLA.