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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. Li Lu has agreed to come to FORTUNE’s Brainstorm Green conference next week to talk about BYD.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

Back in March-April when Covid hit the West hard, conventional punditry piped up its sorry head, saying EVs (and green policies in general) are a goner for 2020, probably also into 2021. Since the general auto market remained slumped, global EV market share increased nicely from 2.8% Domestic market not shabby either.

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