article thumbnail

When Will EVs Hit Primetime?

Revenge of the Electric Car

In China, leading automakers BYD and Chery have announced plans to roll out their own electric models within the next two years. In March, BYD chief executive officer Wang Chuanfu announced that in the first half of 2010 the company will sell only 100 e6 cars, to a taxi company in Shenzhen. Investors, too, are excited.

China 133
article thumbnail

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.

BYD 62