BYD lifts capex by 58% to 10b yuan on expansion push

BYD Chairman and President Wang Chuanfu leaves a news conference on the company results in Hong Kong March 15, 2010. Chinese car and battery maker BYD Co, backed by US billionaire investor Warren Buffett, will lift capital expenditure by 58 percent this year, its chairman said, as it embarks on an aggressive expansion plan. [Agencies]