BYD and the City have reached a settlement that resolves litigation, allowing the parties to move forward at no additional cost. Since the contract was terminated, both BYD and the City have engaged in good faith dialogue to reach this resolution. Although the parties made public statements in defense of their respective positions during the dispute, they are now committed to moving forward and wish each other success.

The City supports BYD’s pursuit of its mission to expand zero-emission public transportation with the next generation of high-quality electric buses. BYD supports the City’s commitment to the Albuquerque Rapid Transit project and wishes the City best of luck on its completion and successful operation.

###

CONTACT:

Frank C. Girardot | Communications Director
BYD
1800 South Figueroa Ave
Los Angeles, Ca. 91015
(213) 245-6503

Jim Skeen | Media Relations Specialist
BYD
46147 BYD Blvd. Lancaster, Ca. 93534
(661) 436-0513