BYD says Chinese cars headed to U.S. in late 2015

BYD Co., the Chinese automaker backed by Warren Buffett's Berkshire Hathaway Inc., plans to introduce about four models for its U.S. debut at the end of 2015, Stella Li, the senior vice president in charge of the company's U.S. business, told Bloomberg.

BYD failed to meet an earlier goal to enter the United States, but Li said the company is better prepared this time. The company had planned to sell its e6 electric hatchbacks in the United States by the end of 2010.

Technically, BYD is in the United States, selling electric buses to fleet operators. Li said the company is preparing to begin U.S. production of electric buses in March at its factory in Lancaster, Calif.

— Bloomberg