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

Tony Karrer Delicious EVdriven

REDDIT STUMBLE UPON MYSPACE MIXX IT Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS ( close ) By Marc Gunther Last Updated: April 13, 2009: 9:29 AM ET Warren Buffett with BYDs E6. BYD CEO Wang Chuan-Fu figured out how to make cheaper batteries than the Japanese by replacing machines with migrant workers.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

But this still doesn’t take away from a 47% EV market share, more than double 2019’s, and also a sharp shift in composition from a plug-in hybrid (PHEV) dominated island to an evenly balanced 2020 mix (yes, there are points for that too). In South America BYD seems the only E-bus act in town. Or have subsidies been cut too quickly?

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