Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009
Tony Karrer Delicious EVdriven
APRIL 16, 2009
The car came straight to Omaha from the Detroit auto show. MidAmericans David Sokol, BYDs Wang, and company advisor Li Lu flew with Sokol from Detroit to Omaha so that Wang could meet Buffett in person. Revenues, which have grown by about 45% annually during the past five years, reached $4 billion in 2008.
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