Warren Buffett-Backed BYD’s Profit Soars On New Energy Vehicle Sales — EdAccessible

http://ift.tt/eA8V8J Net profit at BYD, the Chinese auto and battery maker about 8% owned by Warren Buffett’s Berkshire Hathaway, soared by 384% to 2.3 billion yuan, or $348 million, in the six months of the year as the company benefitted from government incentives for the purchase of new energy vehicles. Sales of […] Vía Forbes […]

via Warren Buffett-Backed BYD’s Profit Soars On New Energy Vehicle Sales — EdAccessible

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