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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

The first buyers will be fleet users, which will build central fast-charging facilities. Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania.

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