Tuesday, January 13, 2009

Is Buffet Prescient ?

China's BYD motor company has just shown Detroit a thing or two about auto making.
http://www.treehugger.com/files/2008/04/byd-electric-car-e6-crossover-mpv.php
The battery company's arrival in the auto business has produced a car that will sell for thousands less (about $22,000), arrive sooner (around 2011) and out-perform it's American rivals.
The company (Warren Buffet owns 10%) seeks to make a splash during the current Detroit Auto Show.
Just combine these vehicles with the solar powered parking garages and we'd have a good answer to some of our problems.

(Maybe Detroit could produce the same vehicles for less if they did away with the unions and treated their employees like slaves)

1 comment:

brohammas said...

Of course the car is made by 8 year olds, painted with lead based paint, and the factory that manufactures it runs on coal.

I kid, I kid...but really.