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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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Goodbye GM, Hello Tianjin-Qingyuan Electric Vehicle Company?

Plugs and Cars

BYD already has a plug-in hybrid for sale in small numbers in China, and has Warren Buffet-infused plans to market PHEVs and EVs in the US within a few years. But other cars, including the MINI E, will be out and about soon, and stimulus money abounds, so the question of public EV infrastructure is much discussed.

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