Category: Minority Stock Positions

(BRK.A), (BRK.B)

Chinese battery and vehicle maker BYD has expanded its North American operations with the opening of its first bus assembly plant in Canada.

With buses already on order or in operation in Toronto, Victoria, Longueil, St. Albert and Grand Prairie, BYD will inaugurate the new 45,000-square-foot facility by assembling buses for the Toronto Transit Commission, Canada’s largest transit operator.

“We’re proud to establish a home in Canada; it re-affirms our commitment as a company to be rooted in this country and in this province,” said Ted Dowling, Vice President, BYD Canada.

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.

(BRK.A), (BRK.B)

Chinese battery and vehicle maker BYD has sold an additional 183 electric buses to Santiago, Chile.

The Chilean Minister of Transportation and Telecommunications, Gloria Hutt, recently announced the new order, which is due to arrive in August.

The 183 BYD electric buses will join an existing fleet of 100 BYD electric buses that started service in December 2018. The buses are operated by Metbus.

With the new delivery, Santiago will become the largest operator of electric buses outside of China, with some 411 buses in service.

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.

(BRK.A), (BRK.B)

Chinese battery and vehicle maker BYD has taken the first steps on what will be a major fleet of e-taxis in Colón, Panama.

BYD has delivered the first seven e-taxis for a planned fleet of 1,500 e-taxis in Colón, with 90 more to be on the road by the end of 2019.

The seven BYD e6 sedans provide service to tourists and locals visiting the Atlantic entrance to the Panama Canal.

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.

(BRK.A), (BRK.B)

Chinese battery and vehicle maker BYD will soon be giving you a lift to Disneyland.

Anaheim Resort Transportation (ART) has announced that it would add 40 of BYD’s all-electric buses to its fleet serving the renowned tourist destination.

In 2013, BYD opened its U.S. electric bus manufacturing plant in nearby Lancaster, California, and in April 2019 delivered its 300th bus for the U.S. market.

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.

(BRK.A), (BRK.B)

Chinese new energy company BYD will be one of Toyota’s strategic partners that also includes partnerships with Chinese battery manufacturer CATL, Toshiba, and Japanese battery manufacturer GS Yuasa.

Details of the strategic partnerships have yet to be released, but comes as Toyota is looking to increase its supply of batteries in order to produce 5.5 million electrified vehicles a year by 2025.

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.

© 2018 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

(BRK.A), (BRK.B)

Chinese battery and vehicle maker BYD is expanding its battery manufacturing capacity for a wide variety of applications.

The gigafactory, which will be located in the southern Chinese city of Guangzhou, will engage in the research and development, production and manufacturing of lithium polymer batteries for electric devices such as mobile phones, laptops and computers.

BYD estimates making a total investment of 4 billion yuan ($57.9 million U.S), and will realize an annual output of 13 billion yuan when it begins operation in 2020.

BYD also began construction of a gigafactory for vehicles in southwest China’s Chongqing in February.

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.

(BRK.A), (BRK.B)

While Tesla has emphasized the sedan segment of the EV passenger car market with its Model 3, Chinese battery and vehicle maker BYD is racking up huge sales in the China market with its new crossover vehicle, the BYD Yuan EV.

A stylish small crossover vehicle, the Yuan EV had 6,428 deliveries in April, making it number one in EV vehicles sold in China.

The company also had strong sales for its BYD e5, which ranked fourth with 4,602 units, and the BYD PHEV Tang, which was seventh with 3,833 moved.

Tesla’s lone vehicle on the list, the Model 3, just missed the top ten, with an estimated 3,000 units, which would place it in eleventh place.

Making a strong run at BYD’s first place spot is fellow Chinese carmaker Geely, which is headquartered in the city of Hangzhou. The Geely Emgrand EV was in the second spot 5,225 units sold in April.

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.

(BRK.A), (BRK.B)

While Tesla focuses on passenger cars, Chinese battery and vehicle maker BYD continues to expand its presence in the United States market through its buses and specialty vehicles.

The company has delivered its first BYD 8R Class 8 Automated Side Loader (ASL) all-electric collection truck to Waste Resources to serve its customers in the City of Carson, California.

The first all-electric refuse truck in residential collection operation in Southern California, it features BYD’s propriety electric-propulsion system designed specifically for refuse collection.

The refuse truck’s cab, chassis, and propulsion system were manufactured by BYD, with an ASL body made by Amrep, a leading manufacturer of waste handling equipment in North America.

Trash hauler Waste Resources currently runs 13 refuse trucks in the city of Carson, and if BYD’s refuse truck meets its service and environmental objectives, the company hopes to convert its entire fleet to BYD all-electric trucks.

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.

(BRK.A), (BRK.B)

BYD (Build Your Dreams), a world leader and pioneer in battery and zero-emission vehicles, has debuted a three-section, 27-meter (89-feet) pure electric bus.

The double articulation bus is capable of transporting 250 people at a top-speed of 70 kilometers per hour (43 mph).

“Today, BYD once again uses its core technology, reliable products and innovative solutions to solve the two great urban ills of congestion and pollution,” Stella Li, Senior Vice President of BYD said. “The K12A will bring zero emissions to BRT systems, allowing passengers to enjoy quiet, pollution-free travel, while at the same time saving significant maintenance costs for operators.”

The bus can optimize it efficiency by switching between 2-wheel-drive and 4-wheel-drive.

The K12A is designed for lower-speed, high capacity operations, including airport shuttles and university campus routes where quick loading and high seating capacity are the most important factors.

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.