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

Tony Karrer Delicious EVdriven

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. 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. EMAIL | PRINT | SHARE | RSS DIGG FACEBOOK DEL.ICIO.US

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Most days, most cars are going to have lots of extra battery capacity,” said Mr. Kempton, noting that on average, American automobiles get driven for just one hour each day. “If any energy company ignores the long-term impact on future fossil-fuel-backed energy sales, they will be in for a shock.&# but not all of it.

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