BYD (Build Your Dreams) is a privately owned and publicly traded company with its North American headquarters in Los Angeles. The company employs 750 members of the SMART Union, Local 105, at its bus and coach manufacturing factory in Lancaster, California.
All BYD buses built for U.S. transit agencies are “Buy America” compliant — meeting or exceeding the requirements specified by Congress in U.S. procurement laws. They are technologically superior to any other product on the market. BYD is driving innovation and partnering with many American start-up ventures in the battle against climate change.
BYD is a global corporation, with nearly 10 percent of its stock held by Warren Buffett and Berkshire Hathaway. The company does not build buses that spy on Americans. It builds buses that meet the specifications of its many transit agency customers around the United States.
It is unfortunate that BYD’s competitors have chosen to use the legislative process to gain a competitive advantage in the market.
We look forward to our continuing efforts to educate Washington policymakers on the benefits to taxpayers of having a vibrant, competitive electric bus marketplace.