Can't do Solar PV and Electric Cars, Chinese BYD creates doubt
Post date: Mar 14, 2011 1:55:13 PM
Buffett deal may backfire
At the depths of the financial crisis, Buffett put $232 million into BYD Co. Ltd., taking a 9.9 percent stake in the nascent Chinese auto business. Lest there be any doubt of the relationship, BYD showrooms are adorned with giant pictures of Buffett shaking hands with Chairman Wang Chuanfu.
If the BYD Electric vehicle should come to the U.S.
market it will face severe Patent law cases over years
and quality problems. There is no competitive edge
of BYD, they would need $1bn for market entry
don't have it, just continue to copy will not help
source: pittsburghlive.com