Build Your Dreams, or BYD, is moving towards a more conventional investment strategy. This move is something that Warren Buffett would recommend. BYD is shifting from its objective of mass producing an electric vehicle in China this year.
In a press release issued this week by BYD, the company charted a less radical plan for the production of its electric vehicle in China. The company will manufacture 100 models to be used as taxis in Shenzhen, in lieu of producing the E6 on a grand scale. Further production is contingent on the success of this plan.
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Source: topnews.us
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