MSNBC reports:
LOS ANGELES - A rapidly expanding manufacturer of all-electric cars, solar panels and other green products from China announced Friday it will open a North American headquarters in Los Angeles, with plans to begin selling autos in the U.S. by the end of the year.
City officials said the arrival of BYD Inc. of Shenzhen, China, will initially create about 150 high-paying jobs as the company hires managers, designers and engineers to staff the new downtown headquarters. As it begins to market cars in the United States, officials expect several hundred more jobs to be created in related industries involving service and sales...
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