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BYD autos

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danny_galaga:
very exciting stuff from china

http://www.byd.com/



they are selling their plug in hybrid later this year. in two years in the US. The US have really missed the mark with this sort of tech. dragged their feet. but at least they had a go. the europeans didnt even bother in my opinion, even with fuel twice that of the US. wasted a bit of time with useless hydrogen tech...

the Chinese are just getting on with it. So thats more stuff we will have to buy from there because western countries just cant be bothered. good on the chinese, they deserve the success. warren buffett thinks so too, he just bought a 9% stake in BYD...

SavannahLion:
I think there's going to be some interesting issues arising from selling BYD cars in the U.S.

Obama stated in one of his addresses that he did not want the U.S. to be leveraging battery technology from China. I assume, in a roundabout way, he's basically saying we need to stop or reduce buying imports from China. So if BYD attempts to sell their car here, with job market collapsing, the economy headed out the door and the current administration in office, will we even see this car at all?

Then there's China's habit of not actually complying with a number of environmental safety controls and occupational hazards. Lead paints in children toys, employees knee deep in mercury powder and Guiyu.

Clearly, if Warren Buffett is investing money in this company, then there's something there worth looking in to. I'm just wondering if the rest of the U.S. is going to look at it the same way. ???

How the hell do you buy stocks from China anyhow? Doesn't the country have some sort of restriction on foreign investors?

ChadTower:

--- Quote from: SavannahLion on April 05, 2009, 04:28:21 pm ---Obama stated in one of his addresses that he did not want the U.S. to be leveraging battery technology from China. I assume, in a roundabout way, he's basically saying we need to stop or reduce buying imports from China.

--- End quote ---

What he's saying is that he doesn't want to trade one foreign dependence for another - and this one to a country that already has a mortgage lien on the US to begin with.  We'd be jumping of the frying pan and into the fire and for this one item I agree with him.

TOK:
Go to google and search for crashtests on Chinese cars.
If you hit anything bigger than a garbage can in these crapwagons, they're going to have bury you in it, because they won't be able to pry you out.

hypernova:
They can't even make a $10 child's toy function the way it's intended.

Ford, etc. move aside.  Anything from China in the way of the auto will dwarf your recall numbers.

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