BYD Electric Cars

Chinese manufacturer BYD, a leading supplier of nickel-cadmium batteries, founded its electric car division in 2003.
In 2008, prominent businessman Warren Buffett invested $230 million in the company, taking a 10% share. In April of 2009, Buffet invited the company to show off its electric cars at the annual Berkshire Hathaway meeting.Midas Letter: The Car Company Warren Buffett is Investing In
Electric Car Production

After cornering the cell phone battery market, BYD Limited purchased the drowning Tsinchuan Automobile Company Limited in 2003. They quickly began manufacturing electric cars, making the F3 model the top-seller in China. The company also produces the F3DM, which is a hybrid vehicle that can travel 62 miles before reverting to a backup gasoline engine. The F3DM sells for $22,000, making it cheaper and albe to travel farther on a single charge than competitor cars produced by General Motors, Nissan and Toyota.Midas Letter: The Car Company Warren Buffett is Investing In
BYD E6

BYD Auto debuted their E6 model at the 2009 North American International Auto Show in Detroit, Michigan. While only in the concept phase at the time of the debut, the E6 boasts the ability to carry five passengers 249 miles on a single charge. It also includes a high-capacity power charger, which allows a full charge in three hours or a quick charge in ten minutes, which can power the car for an estimated 120 miles.Jalopnik: BYD E6: 250 Miles Per Charge Electric Car

ask any question

About this page

No one is currently managing this page.

This page currently has no vertical manager.