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

Tony Karrer Delicious EVdriven

BYD currently exports gasoline-powered cars to Africa, South America, and the Middle East, but they compete on price, not quality. Both will be sold first in China, primarily to fleet users: the government, post office, utilities, and taxi companies, all of which will build central fast-charging facilities.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

The LEVC electric taxi might still be the only EV that both designed *and* produced on UK’s home turf. In South America BYD seems the only E-bus act in town. EV market share went from a stratospheric 45% to escape-velocity 63%, crossing 100k on a population of barely 5M. Also, Portugal is where Jose calls home.

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