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The title is misleading; according to the article, BYD is a major battery manufacturer. They also bought a car company cheap and made it profitable. Now their c
by sketerpot 18y ago
The title is misleading; according to the article, BYD is a major battery manufacturer. They also bought a car company cheap and made it profitable. Now their car making branch is working together with the battery branch to make electric cars. If electric cars flop, they can still be profitable on batteries and regular gas-burning cars. I'm sure Buffett hasn't lost so much of his mind that he doesn't appreciate a no-lose situation.