Buffett-backed Chinese EV maker BYD mulls IPO of electronic-parts unit

Buffett-backed Chinese EV maker BYD mulls IPO of electronic-parts unit

Photographer: Brent Lewin/Bloomberg Photo by Bloomberg

BYD Co., the Chinese electric-carmaker backed by Warren Buffett, is considering an initial public offering for a unit that makes a power-management device that’s produced by just a handful of companies globally, said people familiar with the plan.

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