Warren Buffett Bullish on China’s BYD

The "Sage of Omaha" Warren Buffett has invested in "比亚迪 (bǐyàdí) BYD-Build Your Dreams" CO Ltd, which is a Chinese manufacturer of batteries, "手机 (shǒujī) cellphones," andelectric vehicles founded by Wang Chuanfu. Buffett "看好 (kànhǎo)" apparently is bullish on the rise of "技术 (jìshù) technology" -based company BYD. In one meeting, Buffett wore the "标志 (biāozhì) logo" of BYD, showing his recognition of the company. He also "赠送 (zèngsòng) gave a gift" -a wallet, to Wang Chuanfu, wishing him "财气 (cáiqì) luck in making more money." This has coincided with a humorous connotation by some folks that BYD should mean Bring Your Dollars. Wang Chuanfu presented Buffet a BYD’s F6DM dual-mode electric vehicle model which has revealed BYD's confidence in the field of "电动车 (diàndòngchē) electric vehicles." The e6 car is a type of pure electric vehicle researched and developed by BYD itself. Comparing with other electric cars, its running distance per charge is the longest by far in the world. The e6 cars are expected to enter the U.S. market in 2011. Electricity is a "污染 (wūrǎn) pollution" -free energy resource, so the prospect of electric cars was favored by Buffett.
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