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In the fall of 2009, BYD Chairman Wang Chuanfu, speaking at a conference, was vocal about his disappointment that the Central Government had still not announced subsidies for new energy vehicles.
FORBES: Will China Subsidize Electric Vehicles?
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Wang Chuanfu, BYD chairman, expects one out of every five Chinese alternative-energy vehicles sold around the world to be a BYD, he said at the improved F3 compact car launch in Beijing in August.
FORBES: Warren Buffett Gives Back Most Gains on BYD
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Buffett also mentioned his admiration for chairman Wang Chuanfu as a reason he invested in a technology he did not fully understand, and has expressed his belief in the need for alternative sources of energy.
FORBES: Warren Buffett Gives Back Most Gains on BYD