(BRK.A), (BRK.B)
At COP29, BYD, backed by Berkshire Hathaway, and the Government of Azerbaijan signed a landmark Project Implementation Agreement to establish an electric bus manufacturing facility in the Sumgait Industrial Park. This initiative aims to boost local production capabilities while advancing sustainable transportation in the region. The collaboration underscores a shared commitment to green innovation and economic growth.
BYD’s bus manufacturing plants span the globe, with facilities in Lancaster, California; Newmarket, Ontario; Komárom, Hungary; Beauvais, France; Changsha and Dalian, China; Campinas, Brazil; and Bangna, Bangkok, Thailand.
© 2024 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway and BYD, and this article is not a recommendation on whether to buy or sell a stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.