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

Tony Karrer Delicious EVdriven

A chemist and government researcher, Wang raised some $300,000 from relatives, rented about 2,000 square meters of space, and set out to manufacture rechargeable batteries to compete with imports from Sony and Sanyo. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania.

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Sign Up Login All Posts | About & Contact Us | Get a TEC Badge | Getting Started with The Energy Collective Cutting-edge insight on energy and climate that you wont find anywhere but here. Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. BYD is an amazing company.

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