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

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. He knew very little about making cars but proved to be a quick study.

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Convincing Consumers To Buy EVs

Cars That Think

EVs ain’t cheap Price is another EV purchase risk that is comparable to EV range. King notes, “In the early days of automobiles, drivers and chauffeurs had to monitor and be able to fix their vehicles. Buying a new car is the second most expensive purchase a consumer makes behind buying a house. They were like engineers.

Buy 95
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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Last year Oregon had also aggressively negotiated with the Chinese carmaker, BYD , to manufacture its line of plug-in hybrids in the state for sale in the U.S.) Furthermore, changing the battery pack on say a Toyota Prius often costs a fortune, at least in most European countries, so such cars better be VERY cheap, but they’re not.

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