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

Tony Karrer Delicious EVdriven

APRIL 16, 2009

In October a BYD sedan called the F3 became the bestselling sedan in China, topping well-known brands like the Volkswagen Jetta and Toyota ( TM ) Corolla. BYD has also begun selling a plug-in electric car with a backup gasoline engine, a move putting it ahead of GM, Nissan, and Toyota. On a trip to the U.S.,

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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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