“You have to consider, this company started from zero. And the electric car which BYD is now building together with Mercedes drives like a dream. At least my associate in China is saying that.”
Charlie Munger, vice-chairman at Berkshire Hathaway and business partner of Warren Buffett, is backing BYD over its losses at the stock market and increasing competition.
all-in.de, business-panorama.de (both in German)
“Fuel efficiency standards for vehicles are Europe’s single most effective policy to drive down CO2 emissions, but are being undermined by an obsolete test.”
Greg Archer, clean vehicles manager at Transport and Environment (T&E), seems back environmental campaigners’ claims that the announcement that new cars sold in Europe in 2013 are four percent cleaner, was exaggerated.