Bloomberg quoted the Korea Economic Daily reported that Chinese electric car maker BYD is planning to issue new shares, Samsung will spend 500 billion won (US $ 440 million) to buy a 4% stake in BYD. The investment is mainly in the field of electric vehicles in order to establish a "strategic partnership" with BYD, since less than 5% stake, Samsung BYD's management will not be affected. BYD is China's leading electric vehicle manufacturer with BYD Qin, Tang, e6 and other variety of electric vehicles.
Its electric bus K9 has officially bus services in Hong Kong, 51 single zero-emission car in London is by far Europe's largest full-size bus fleet.
By 2015, BYD's electric car sales 61722 two over Tesla, Nissan and other international brands.
Samsung's investment in BYD, apparently determined to rival Apple in the automotive sector with a high. Although never publicly acknowledged, but a variety of media sources, Apple's "dream car" in Silicon Valley is an open secret.
German media Frankfurter Allgemeine Zeitung reporting on May 19 of that Apple has a designed for the car in preparation for the secret of the German team, there are about 15-20 "innovative thinker," including engineers, software developers, hardware developers and sales staff.
The latest news that Apple is a key part of the electric car start - battery. 26 Reuters quoted sources reported that Apple is investigating how to charge electric cars and charging stations the company approached.
As for the car itself, the market rumors as "iCar" car will be available in 2019 or 2020, as part of car sharing or direct sales programs. The car will be produced in Germany, the partners of the auto parts supplier Magna.
In May this year, Apple ho throw $ 1 billion investment by bit, the latter has become the largest strategic investor. ZDNet commented that, with drops of resources, Apple could expand its influence in the automotive industry. Smart car has been the focus of attention in the field of major technology companies, with drops as a helper, Apple can do more humane exploration of intelligent vehicle operating system, it can also occupy more share of the Chinese automotive market, OS .
As of yesterday's close, BYD A shares rose 0.44% reported 61.20 yuan. In Hong Kong rose 0.21% to HK $ 48.7.