Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009
Tony Karrer Delicious EVdriven
APRIL 16, 2009
A chemist and government researcher, Wang raised some $300,000 from relatives, rented about 2,000 square meters of space, and set out to manufacture rechargeable batteries to compete with imports from Sony and Sanyo. By about 2000, BYD had become one of the worlds largest manufacturers of cellphone batteries.
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