BYD to open Ontario plant

TORONTO, ON - Chinese electric vehicle manufacturer BYD Co. says it is planning to open its first assembly plant in Ontario. A Government of Ontario delegation that included Premier Kathleen Wynne and Michael Chan, Minister of International Trade visited the company's headquarters in Shenzhen, China at the beginning of December on a mission to talk trade and tax credits. BYD says it will open the plant to conduct final assembly operations on short-range vehicles in the next 12 months, due in part to the investments the government is making in infrastructure to support electric vehicles in the next decade.