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

Tony Karrer Delicious EVdriven

BYDs plug-in, called the F3DM (for "dual mode"), goes farther on a single charge - 62 miles - than other electric vehicles and sells for about $22,000, less than the plug-in Prius and much-hyped Chevy Volt are expected to cost when they hit the market in late 2010.

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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. This could turn out to be one of Buffett’s very best deals.

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Furthermore, changing the battery pack on say a Toyota Prius often costs a fortune, at least in most European countries, so such cars better be VERY cheap, but they’re not. Even if you charge your EV with electricity made from coal fired generators you reduce your car’s pollution by half. nk Related Posts From Green Inc.

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