For Those BYD Fans!

[Parsad]

BYD had a blow-out quarter.  Now only a 56 times forward PE!  ;D  Cheers!

 

http://finance.yahoo.com/news/Chinas-BYD-says-Q4-profit-rb-3875383964.html?x=0

[Artofgolf]

But the interesting news is that BYD is considering a plant in California & has a partnership with Mercedes-Benz for an electric car in China (and hopefully beyond).

 

http://www.marketwatch.com/story/california-group-in-china-to-lobby-for-byd-plant-2010-03-11?tool=1&dist=bigcharts&symb=1211&sid=1223409

 

Mercedes/BYD link:

 

http://online.wsj.com/article/SB10001424052748703431604575095792878171872.html?ru=MKTW&mod=MKTW&mg=com-wsj

 

Wang's our man - if he can do it...$$$$ for Charlie's great idea!