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Chinese Electric Cars

BYD e6 electric car Chinese electric cars are seen as the next big thing in green cars, as they are expected to be reasonably priced, the question is can they produce a quality car? Warren Buffet must think there is potential as he has backed the Chinese car maker BYD by purchasing a 10% stake in BYD.

One of BYD's latest offerings is the e6 a five-passenger wagon which they have said will have a range of 200 miles plus.

BYD have only been in the business of making cars since 2003 but they have an army of engineers (8,000) in their R&D department, and aims to be the world's largest car company by 2025. BYD stands for "Build Your Dreams".

Chinese car makers are rushing to grab a share of the rapidly expanding Chinese car market, currently the fastest growing car market in the world.



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