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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

BYD’s conventional gas-powered cars are selling well these days in China, and his electric plug-in electric model looks like it will come to market with a longer range and a lower sticker price than the new Toyota Prius much-hyped Chevy Volt. Wang, as he’s known, got into the automobile business by buying a failing state-owned carmaker.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

Then… instead of grinding to a halt, EV sales in most leading markets roared out of the first lockdown with such ferocity, that it made up all the deficit and then some, stopping the dials on 3.1 Since the general auto market remained slumped, global EV market share increased nicely from 2.8% in 2019 to 4% in 2020.

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