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

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. Electric cars will be one answer.

BYD 62
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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

The Shenzhen manufacturing region, where the company is headquartered, is known for cheap unskilled labor, but BYD’s competitive advantage derives from its cheap skilled labor. Innovation appears to be Mr. Wang’s personal passion. They are the top of the top,” Mr. Wang told me, when I visited BYD last year.

Chinese 28
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2020 Top 10 Countries in the Global EV Revolution

EV Sales

Welcome to the 7th Annual Top 10 EV Countries list — my own very personal version of March Madness! However, I won’t ignore that its CEO, among the world’s richest persons, loudly undermined sensible pandemic policies in his home state, thus helping kill more of his fellow Americans and his own workers. Looking at you Tesla.

2020 52