By Kapila Bandara
China’s Chery Automobile, which offers the mass market Chery vehicles in Sri Lanka and elsewhere and which is exiting Russia due to sanctions, is going public in Hong Kong, while Hong Kong-listed Chinese new energy vehicle producer BYD Company and its Sri Lankan distributor are continuing to wrestle in court with Sri Lanka Customs.
John Keells CG Auto had sought court redress after a consignment of BYD electric vehicles and plug-in hybrids was detained, and on August 7 the Court of Appeal ordered the release of 991 of 997 vehicles. Later, other BYDs were detained, and early this month the CA ordered the release of 506 cars.
Read more at today's Sunday Times edition here.
A short while later, the official car of the Commander of the Navy, bearing plate NAHA 5006, departed from Navy House, Longdon Place, Colombo 7.
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