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Warren Buffett reportedly rakes in $1B profits on BYD in less than a year

2009 BYD F3DM - Click above for high-res image gallery You don't get to hold the title of The Richest Person in the World – a title oft-owned by either Bill Gates or Warren Buffett at any given time – without knowing how to make sound financial decisions. While not all of Warren Buffett's investments end up raking in tons of money, his procurement of a ten-percent stake in Chinese automaker BYD less than one year ago has already earned his Berkshire Hathaway Inc. some $1 billion. Driving the rapid rise in BYD's value are its ... Read more →

BYD will show off electric or plug-in car at Buffet's meeting Sebastian Blanco

In September 2008, Warren Buffett's holding company bought a ten percent stake in Chinese automaker BYD. BYD, which stands for Build Your Dreams, has been moving forward with electric drive ...

Detroit 2009: BYD's plug-in hybrids, the F3DM and F6DM Sebastian Blanco

Apparently, "unveiled" was the wrong word. BYD's F3DM plug-in hybrid has been on sale in China for a few weeks and here in Detroit it was just sitting quietly on the stand on the main floor. No ...

Green light for production and sale of the BYD F3DM Xavier Navarro

Although mocked by some competitors, BYD continues to shout about deployment of its alternative powertrains. As we mentioned recently, BYD has everything ready to produce and sell all-electric and ...

BYD moves up at NAIAS Jeremy Korzeniewski

Things are looking up for Chinese automakers at the Detroit Auto Show this January, literally. Once relegated to the dark trenches of Cobo Hall's basement, the recent departure of so many Auto ...


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