Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009
Tony Karrer Delicious EVdriven
APRIL 16, 2009
Thats because electric engines are more efficient than internal-combustion engines, and because generating energy on a large scale (in coal or nuclear plants) is less wasteful than doing it on a small scale (by burning gasoline in an internal-combustion engine). The company hasnt yet decided whether it will enter the U.S.
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