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BYD, Build your dreams. Anyone think this company is legit?

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by burritos, Jul 20, 2009.

  1. burritos

    burritos Senior Member

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    BYD Auto,Build Your Dreams

    Warren buffet invested a quarter billion into this company. Shares for individual investors byddy have gone from $20 to $50 in 3 months. If EV is going to be the next step in automotive evolution this might be one of the major facilitating players. Anyone else have an opinion?
     
    #1 burritos, Jul 20, 2009
  2. hill

    hill High Fiber Member

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    #2 hill, Jul 20, 2009
  3. donee

    donee New Member

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    Hi Burritos,

    They are certainly a legit company - the batteries in any laptop you own have a good chance of being made by BYD. But are they a serious electric car company? Only time will tell....
     
    #3 donee, Jul 20, 2009
  4. clett

    clett New Member

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    BYD have come from no automotive capacity whatsoever in 2003, to selling 14,000 units per month of just one of their models in their range (the F3) in 2009.

    A company that manufactures 1 third of the Earth's supply of mobile phone batteries should be taken seriously.
     
    #4 clett, Jul 22, 2009
  5. burritos

    burritos Senior Member

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    What's the deal about the CEO drinking the battery fluid?

    Wang Chuan-Fu, BYD's CEO, drinks battery fluid to prove a point

    That's doesn't make me think it's safe, just not instantly lethal.
     
    #5 burritos, Jul 22, 2009
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