article thumbnail

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

Tony Karrer Delicious EVdriven

His only indulgences are a Mercedes and a Lexus, and they have a practical purpose: He takes their engines apart to see how they work. They generate fewer greenhouse gas emissions than cars that burn gasoline, and they have lower fuel costs, even when oil is cheap. He certainly doesnt live a very lavish lifestyle.

BYD 62