Remove Cheap Remove Magazine Remove Sale Remove Stimulus
article thumbnail

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

Tony Karrer Delicious EVdriven

GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.

BYD 62
article thumbnail

Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

“If any energy company ignores the long-term impact on future fossil-fuel-backed energy sales, they will be in for a shock.&# So, the used batteries are almost arbitrarily cheap since an arbitrarily large fraction of their cost of production can be loaded on their use in transportation. In fact, almost none at all.

Grid 47