In the vast and booming Chinese auto market now dominated by foreigners, a small Chinese company called BYD Auto is barely noticeable.
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For one, the City of Shenzhen helps telecom-equipment maker Huawei, auto company BYD and their Pearl River Delta neighbors with their U.S. objectives.
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Chinese billionaire Wang Chuanfu told Bloomberg at the Detroit auto show yesterday that his company BYD will start selling a rechargeable car in the U.S. in the second half of 2010 one year ahead of schedule.
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