Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009
Tony Karrer Delicious EVdriven
APRIL 16, 2009
Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. BYD CEO Wang Chuan-Fu figured out how to make cheaper batteries than the Japanese by replacing machines with migrant workers. By about 2000, BYD had become one of the worlds largest manufacturers of cellphone batteries.
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