Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009
Tony Karrer Delicious EVdriven
APRIL 16, 2009
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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