Post #55 by hclasvegas on the BYD board

Stocks A to Z / Stocks B / BYD (BYDDY)

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"" If you look at the valuations of China's Contemporary Amperex Technology [300750.China] and BYD, it's as if China has won the battle and cornered the market. Warren Buffett's Berkshire Hathaway [BRK.A] has started to sell some of its BYD shares. That seems like a smart move because there could be a scenario in which the U.S. and Europe say they're not going to allow China to dominate.

There is tremendous growth in EVs in China, but you also want a foot in the camp of emerging alternatives that are going to try to take share. You can see a geopolitical scenario where the U.S. says [companies] have to buy batteries from somewhere else.

Thanks, Simon.""

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