LOS ANGELES--(BUSINESS WIRE)--BYD is perplexed by the misinformation being spread by Madeline Janis’ advocacy group, LAANE. BYD has been in a standard product testing phase in accordance with regulatory guidelines. We have just received customer approval to start manufacturing our green technology buses, and look forward to hiring more California workers for those jobs. BYD is also dedicated to properly paying its employees under California’s wage and hour laws.
Questions have been raised about the wages paid to a few technology experts who are visiting here temporarily from BYD’s parent company in China to train our American workforce and to assist with the transition from overseas of our state-of-the-art design, but the information being disseminated is incomplete. We have reached out to the California Labor Commissioner’s office to address these issues and hope to reach a conciliatory and satisfactory resolution. BYD is fully committed to being a good corporate citizen and employer in California. We are thankful for the opportunity to partner with the city leaders in this state to build environmentally-friendly, safe and efficient buses to enhance public transportation in our communities.
BYD is ranked #1 at the top of Bloomberg’s and Business Week's 2009 Tech 100 List (http://www.businesswire.com/news/home/20100520006751/en/BYD-Tops-Bloomberg-Businessweek%E2%80%99s-12th-Annual-Tech) and is the leading manufacturer of advanced, environmentally-friendly battery technologies like BYD’s Iron Phosphate battery used in BYD electric vehicles and electric buses. BYD’s solar panels and LED Lighting systems have CEC, TUV/CE and UL listings, and the company enjoys rapid growth in consumer electronics space and electrified transportation sector manufacturing under its BYD brand. BYD is the fastest-growing Chinese automotive and green energy technology enterprise. The company trades on the Hong Kong Stock Exchange (HKSE) under the ticker numbers HK.0285 – BYD Electronics and HK.1211 – BYD Company Ltd., as well as on the Shenzhen Stock Exchange under the ticker number 002594 - BYD Company Ltd. For more information, visit www.byd.com, www.facebook.com/bydcompany or email email@example.com.