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

Tony Karrer Delicious EVdriven

Munger, the 85-year-old vice chairman of Berkshire Hathaway, is a curmudgeon who frowns on most investment ideas. "When I call Charlie with an idea," Buffett tells me, "and he says, That is really a dumb idea, that means we should put 100% of our net worth into it. Electric cars will be one answer.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

2010 Prius designed to be manufactured with NiMH or Lithium batteries. We believe such production models could be available for sale in three years."Furia When Lutz first proposed creating an electric car in 2003, the idea "bombed" inside GM, he says. "I Daimler/Mercedes Took over Daimler/Chrysler Sprinter PHEV program.

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