Interview with Warren Buffett investee Wang Chuanfu of BYD (3 of 3)

[Jimbaroo2000]

Can anyone tell me how electric cars can reduce the dependence on oil given that the power producing companies that provide the electricity for the recharging stations still largely utilize oil and gas?

[davepamn]

BYD costs is more competitive than competitors. BYD is compentant. Production costs are more competitive. Advanced technology and low costs are necessary. BYD has a company of 130,000 people. There are 100 million Chinese investing in Stocks.

[davepamn]

What are the plans for China to build recharging stations?

[achilles198585]

you're not a capitalist? oh no, of course you're not lying, because you were capitalized by the government, you're bureaucratic-capitalizedist!

[davepamn]

Buffet is a capitalist.

[achilles198585]

why ur cost is so low? the answer: cheap labor! why you can win the competition in the Chinese domestic market? the answer: the government is protecting you from the real competition, there's no fair competition! why didn't you think about BYD can grow as what it is today? the answer: you didn't know your relatives in the central government are so powerful you idiot!

[bando8000]

Where was the interview with Warren?

[luqSJU]

I was impressed by his personality. Person like him is set to do something big. EV is the future, the key is the battery. He builds his battery expertise from the rechargeable battery for cell phones.

[jdmars02]

Awesome. Git outta Wang's way!

buy BYDDF!

[Ch4rl3magn3]

Wang Chuanfu is an awesome capitalist, he has an energy about him that is needed to revitalize the american economy. USA needs to innovate and collaborate with Chinese companies like BYD!!!

[mp5m16ak47]

kudos to this man

[leeangelo]

this one is something. Glad to know about BYD.