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

Tony Karrer Delicious EVdriven

The first buyers will be fleet users, which will build central fast-charging facilities. They generate fewer greenhouse gas emissions than cars that burn gasoline, and they have lower fuel costs, even when oil is cheap. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show. Electric cars will be one answer.

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

The Shenzhen manufacturing region, where the company is headquartered, is known for cheap unskilled labor, but BYD’s competitive advantage derives from its cheap skilled labor. Escaping to New York, Li Lu was embraced by the human rights community and wrote a memoir called Moving the Mountain that reads like a movie.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

The LEVC electric taxi might still be the only EV that both designed *and* produced on UK’s home turf. I finally got hold of reported total bus fleets and bus replacement rates in Europe. For reference, in Europe, whose overall bus fleet size seems 2-3x smaller than China’s, somewhere around 2-2.5k E-buses were deployed.

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