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

Tony Karrer Delicious EVdriven

Near the end of our conversation, I ask Wang about the company name. His people at MidAmerican have studied clean technologies like batteries and wind power for years because of the threat of climate change. BYD, which is traded on the Hong Kong exchange, has a market value of about $3.8 Electric cars will be one answer.

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We Need More Than Just Electric Vehicles

Cars That Think

Manufacturing an EV battery using coal-based electricity results in more than three times the greenhouse-gas emissions of manufacturing a battery with electricity from renewable sources. 70 percent of lithium-ion batteries are produced in China, which derived 64 percent of its electricity from coal in 2020.