BYD’s chairman Wang Chuanfu unveiled the fifth generation of the hybrid technology that achieves a record low fuel consumption of 2.9 litres per 100 km (62.1 miles) on depleted batteries at an event in Shaanxi province’s capital Xian.
In other words a smidge over 80 mpg!
Uncle Warren has done well with his BYD investment.
2024 Toyota RAV 4 hybrid rated at 39mpg combined.
2024 Toyota Camry rated at 52 mpg combined.
Good numbers but no where near 80mpg of BYD hybrid.
US 100% tariff is on Chinese EVs not hybrids.
I wonder what BYD future plans are in regard to importing their hybrid to the USA? That would cause some havoc in US market space methinks.
Note he did not invest in Tesla to own the Chinese EV market.
He has been reasonably nice to Elon as he is with everyone but he has a very tough side that Elon earned. Of course he has a tougher side with top bankers and J6P. No one has escaped Buffett’s power.
Tesla is just a car company. Watch X but it is private.