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China’s Chery to set up shop in Europe

Baua Electric

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. Given the slow uptake of electric vehicles in Spain, Chery says it plans to make combustion engine, hybrid, and electric vehicles there. This would be Chery’s first manufacturing site in Europe.

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BYD slashes price on its best-selling SUV to $16K to compete with gas cars

Baua Electric

Its single electric motor is on the front axle for 150 kW and 310 Nm, and it’s powered by two LFP battery options from China’s FinDreams: 49.92 Chinese companies MG and Chery have also been scouting sites in Mexico and talking to officials for better access to the North American market, actions which have set off alarm bells in Washington.

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

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. The E6 will hit the Chinese market later this year.

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

BYD’s conventional gas-powered cars are selling well these days in China, and his electric plug-in electric model looks like it will come to market with a longer range and a lower sticker price than the new Toyota Prius much-hyped Chevy Volt. Innovation appears to be Mr. Wang’s personal passion.

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