Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009
Tony Karrer Delicious EVdriven
APRIL 16, 2009
A gasoline-powered car that gets 20 miles to the gallon - say, a Chevy Impala or a BMW X3 - will have annual fuel costs of $1,200 and generate about 6.6 The numbers look something like this: Assume you drive 12,000 miles a year, gas costs $2 a gallon, and electricity is priced at 12 per kilowatt, about what most Americans pay.
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