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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. BYD has also begun selling a plug-in electric car with a backup gasoline engine, a move putting it ahead of GM, Nissan, and Toyota. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania.

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. BYD’s engineering prowess. Depending on whether or not you count trainees, BYD employs between 10,000 and 17,000 engineers and it’s constantly recruiting the best graduates from China’s engineering and technical schools.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

Most of this was driven by Europe, where strict cash penalties levied directly on automakers, for each ICE (internal-combustion engine) sold, came into effect January 2020 — and simply worked! The LEVC electric taxi might still be the only EV that both designed *and* produced on UK’s home turf. in 2019 to 4% in 2020. I have no idea.

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