Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009
Tony Karrer Delicious EVdriven
APRIL 16, 2009
Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. "Importing batteries from Japan was very expensive," Wang says. "If we put our staff in Japan or the U.S., near Motorola, and another 20 or so work in San Francisco, not far from Apple.
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