Bouldergramp
Well-known member
"Warren Buffett-Backed Chinese Car Maker BYD Zooms Past Rivals
The company saw sales of electric vehicles and hybrids skyrocket as rivals such as Tesla suffered plant shutdowns elsewhere"
"HONG KONG—As sales of most major auto makers in China have sunk this year, hit by rigid Covid-19 lockdowns and supply-chain disruptions, a Warren Buffett-backed Chinese car maker has zoomed past rivals, rapidly nearing the top position.
BYD Co., which stands for “Build Your Dreams,” is a source of national pride to many in China and has enjoyed success overseas. In the U.S., it is better known as an electric-bus maker, where buses produced by its Lancaster plant in California are on roads anywhere from Los Angeles to Denver."
The company saw sales of electric vehicles and hybrids skyrocket as rivals such as Tesla suffered plant shutdowns elsewhere"
"HONG KONG—As sales of most major auto makers in China have sunk this year, hit by rigid Covid-19 lockdowns and supply-chain disruptions, a Warren Buffett-backed Chinese car maker has zoomed past rivals, rapidly nearing the top position.
BYD Co., which stands for “Build Your Dreams,” is a source of national pride to many in China and has enjoyed success overseas. In the U.S., it is better known as an electric-bus maker, where buses produced by its Lancaster plant in California are on roads anywhere from Los Angeles to Denver."
