New energy company BYD now has 183 zero-emission buses in service in Chile.
The fleet of BYD K9’s is over half of the 285 zero-emission BYD buses Chile has purchased since 2017.
The positive environmental effect is equivalent to taking some 7,695 cars off the road, eliminating 481,650 tons of CO₂ and 2,850 tons of NOₓ emissions.
BYD and Berkshire Hathaway
In 2008, Berkshire Hathaway bet on BYD’s potential, purchasing 225 million shares. It’s an investment that has paid off handsomely. Berkshire’s original investment of $230 million has grown in value almost ten-fold, and is now worth roughly $1.96 billion.
For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.
© 2019 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the 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.