2 ms·
LA once made the mistake of buying Chinese EVs (specifically, BYD) for its Metro bus system. Literally none of the buses were still roadworthy within a year.
by gamblor956 6y ago
LA once made the mistake of buying Chinese EVs (specifically, BYD) for its Metro bus system.
Literally none of the buses were still roadworthy within a year.
It turns out we weren't the only transportation agency to make that mistake; every American transportation agency that has purchased BYD vehicles has terminated its contract with BYD and most agencies are seeking refunds for failure to deliver under contract.
https://www.thetransitwire.com/2018/05/22/problems-plague-byd-electric-buses/ https://www.thetransitwire.com/2018/05/22/problems-plague-by...
- mgh2 6y agoNot sure what Buffett saw in BYD, maybe consumer market https://www.cnbc.com/2020/09/30/warren-buffett-backed-byd-strong-demand-for-luxury-han-electric-sedan.html https://www.cnbc.com/2020/09/30/warren-buffett-backed-byd-st...