Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009
Tony Karrer Delicious EVdriven
APRIL 16, 2009
Put simply, this little-known upstart has accelerated ahead of its much bigger rivals in the race to build an affordable electric car. "When I first visited the BYD factory, I was shocked," says Daniel Kim, a Merrill Lynch technology analyst based in Hong Kong, who has been to the fully automated production lines in Japan and Korea.
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