Recently, the Fast Company named the 2012 Most Innovative Companies on its website. Since this is the third year the Fast company has listed the “World’s 50 Most Innovative Companies”, it made some innovations to its yearly list by picking out the top 10 most innovative companies by industry. BYD was ranked No. 7 of China’s top 10 Most Innovative Companies.
According to the Fast Company, as the most innovative Chinese automobile company, BYD was chosen for being the first to bring electric power to public transportation by creating the world's first purely electric bus. BYD's e-BUS 12 releases zero emissions, can go for more than 150 miles on a single charge, and uses solar panels located on the roof to convert solar energy into electricity. The buses have been tested in China, Southeast Asia, and Europe. Hertz car rental will use the buses to transport passengers at Los Angeles International Airport (LAX).