Women walk in front of the logo of BYD Co. before the opening of the 15th Shanghai International Automobile Industry Exhibition in Shanghai in this file photo. BYD plans to use funds raised in a potential private placement to boost battery production capacity and develop new models, said the Shenzhen-based automaker yesterday. On Tuesday, Thomson Reuters publication IFR reported that BYD was planning to raise up to 12 billion yuan (US$1.9 billion) in the placement. SD-Agencies