"Warren Buffett is endorsing new technology revolution: electric cars. BYD has its own challengers with growth and, maybe, it does not have the quality of Mercedes yet. But the price, again, is different and it is positioned in the market with enormous potential. This Warren Buffett's trip will bring a new wave of EVs marketing drive in China, where government is very serious about electrification of transportation. People will take notice about Buffett and Electric Cars. CNBC is on air with Buffett in China today as well. For us it is the very powerful combination: Warren Buffett, China and electric cars. Latest move by BYD into Lithium space in order to secure supply of strategic commodity confirms our observations and investment thesis. In our educational exercise on this blog we are privileged to learn from the Master himself."
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