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"BYD hails launch of first London all-electric fleet Ding Lin, that's all for today"

Warren Buffett-backed Chinese carmaker BYD will launch London’s first ever all-electric taxi fleet today, pulling ahead of global rivals such as Nissan in the race to roll out zero emission cabs by 2018.

BYD’s move into London transport comes ahead of a 2018 deadline set by Mayor Boris Johnson for all of the city’s taxis to be zero-emission, which has sparked a battle between manufacturers to develop vehicles.

The Chinese manufacturer, 9.9 per cent owned by Mr Buffett, will launch a fleet of 20 electric cars operated by Thriev, a taxi company, less than two months after supplying London’s first fully electric buses.

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