(BRK.A), (BRK.B)
On September 19, Berkshire Hathaway-backed BYD delivered 100 fully electric buses to CUTCSA, Uruguay’s largest public transit operator. The delivery took place at BYD’s Qingdao factory and marks another significant milestone in the company’s global expansion of commercial electric vehicles.
The 12-meter K9UD electric buses, designed for the Uruguayan market, emphasize environmental sustainability, energy efficiency, smart technology, and passenger safety. This delivery symbolizes the growing cooperation between BYD and Uruguay as the country moves toward 100% electrified public transit. BYD’s electric buses are also making strides across Latin America, including in Brazil, Chile, Colombia, and Ecuador, as the company leads the region’s transition to green transportation.
© 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.