article thumbnail

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

Tony Karrer Delicious EVdriven

By about 2000, BYD had become one of the worlds largest manufacturers of cellphone batteries. They generate fewer greenhouse gas emissions than cars that burn gasoline, and they have lower fuel costs, even when oil is cheap. Electric cars will be one answer. Some Americans, though, are eager to do business with BYD.

BYD 62