Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009
Tony Karrer Delicious EVdriven
APRIL 16, 2009
The first buyers will be fleet users, which will build central fast-charging facilities. Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct. They generate fewer greenhouse gas emissions than cars that burn gasoline, and they have lower fuel costs, even when oil is cheap.
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