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

Tony Karrer Delicious EVdriven

APRIL 16, 2009

BYDs plug-in, called the F3DM (for "dual mode"), goes farther on a single charge - 62 miles - than other electric vehicles and sells for about $22,000, less than the plug-in Prius and much-hyped Chevy Volt are expected to cost when they hit the market in late 2010. " Even before visiting BYD, Sokol believed in electric cars.

BYD 62
BYD 2009 Companies Electric Cars 62
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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

APRIL 16, 2009

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. This could turn out to be one of Buffett’s very best deals.

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Chinese Companies Electric Cars BYD 28
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