Remove Hungary Remove Oil Prices Remove Personal Remove Taxi
article thumbnail

Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. Innovation appears to be Mr. Wang’s personal passion. That track record—and that potential—is what persuaded Warren Buffett’s company, Berkshire Hathaway, to buy 10% of BYD last fall for $230 million. You are not logged in.

Chinese 28