Wednesday, September 23, 2009

Chinese Car Maker BYD Aims to Top Toyota by 2025

Chinese Automaker BYD is less than 15 years old, but the company wants to be the biggest automaker in the world by 2025. Last December, BYD became the first automaker to sell a plug-in hybrid car, beating General Motors and Toyota to market. Warren Buffett owns a 10 percent stake in the company and recently stated his intentions of increasing his share.

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