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China electric monorail system, cheaper than metro, for a major Brazilian city

Saturday, May 26th 2018 - 08:26 UTC
Full article 2 comments

BYD, China’s biggest electric vehicle maker by sales, signed a 2.5 billion Brazilian real (US$ 689 million) deal this week to build a monorail system in Brazil’s Salvador city, the firm said. It’s the company’s biggest overseas monorail investment yet, according to a company spokesperson. Construction will start on the 20-kilometer route this year, and it’s expected to begin operations in 2021. Read full article

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