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

Tony Karrer Delicious EVdriven

The first buyers will be fleet users, which will build central fast-charging facilities. Put simply, this little-known upstart has accelerated ahead of its much bigger rivals in the race to build an affordable electric car. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show.

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

The Shenzhen manufacturing region, where the company is headquartered, is known for cheap unskilled labor, but BYD’s competitive advantage derives from its cheap skilled labor. Escaping to New York, Li Lu was embraced by the human rights community and wrote a memoir called Moving the Mountain that reads like a movie.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

The LEVC electric taxi might still be the only EV that both designed *and* produced on UK’s home turf. That said, China also dominates the global E-bus market, delivering and building assembly plants all over the place. EV market share went from a stratospheric 45% to escape-velocity 63%, crossing 100k on a population of barely 5M.

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