The founder of Chinese automaker BYD, Tesla's biggest global EV rival, once drank battery fluid in front of a big-name investor to show just how green the tech was.
The founder of Chinese automaker BYD, Tesla's biggest global EV rival, once drank battery fluid in front of a big-name investor to show just how serious he was about his company, the Wall Street Journal reported Wednesday.
David Sokol, at the time a lieutenant of Warren Buffett's Berkshire Hathaway, noticed BYD's momentum and visited the company in Shenzhen as early as 2008,There, the two BYD executives told Sokol about the company's competitive advantages, eventual global expansion plans, and clean battery tech. BYD saw some hiccups as other Chinese EV makers entered the market and Tesla shored up its Chinese operations. In 2019, earnings dropped substantially amid increasing competition, but an all-new battery brought BYD back to life.Today, it seems impossible the company will ever slow down.
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