Tuesday, October 14, 2008

China's Electric Car

China Economic Review pointed me to this article in the WSJ: "China's BYD to Begin Selling Electric Car Next Month." It's not likely that such a vehicle would pass US safety tests, and certainly US consumers have a much higher expectation for quality and service than their Chinese counterparts, but you have to be seriously impressed by the amazingly fast time to market. I hope this little car is a resounding success! Apparently, a company largely owned by Warren Buffett, MidAmerica Energy Holdings, has made a significant investment, so it seems there's some real promise here.

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