Cars That Think

JUNE 20, 2023

When IEEE Spectrum’s editor in chief, Harry Goldstein, needed to replace his 2008 Honda Fit in October 2020, he thought seriously about buying an electric vehicle. There were two Level 2 charging stations about six blocks away in a grocery store parking lot, but that was not a convenient or reliable option. One was affordability.

Minneapolis 78

Minneapolis Installation Charging Building 78

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Then Mr. Wang, as he’s known, got into the automobile business by buying a failing state-owned carmaker. That track record—and that potential—is what persuaded Warren Buffett’s company, Berkshire Hathaway, to buy 10% of BYD last fall for $230 million. They are the top of the top,” Mr. Wang told me, when I visited BYD last year.

Chinese 28

Chinese Companies Electric Cars BYD 28

Tony Karrer Delicious EVdriven

APRIL 16, 2009

More from Fortune No party for Citis owners: You and me Is it time to buy American Express? Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct. Berkshire Hathaway first tried to buy 25% of BYD, but Wang turned down the offer. " One more thing reassured him.

BYD 62

BYD 2009 Companies Electric Cars 62