BYD Chief Suffers $2 Billion Wealth Drop After Warren Buffett’s Berkshire Hathaway Cuts Stake

Wang Chuanfu, cofounder and chairman of BYD, attends a news conference in Hong Kong, China, on March 28, 2018. Billy H.C. Kwok/Bloomberg Wang Chuanfu, the cofounder and chief executive of BYD, saw his...

Chinese EV Billionaire Shrugs Off Lockdown Pain To Add $7 Billion Fortune

Chinese electric car maker BYD is not only surviving the disruptions caused by the country’s Covid lockdowns, but the company appears to be thriving like never before. BYD’s stock has jumped just over...

Exponential Sales Of EVs Means Less Gasoline, Less Crude Oil, Less Greenhouse Gases.

An Electric Vehicle charging station in Monterey Park, California in2021. AFP via Getty Images The growth of EVs (electric vehicles) affects the oil and gas industry in an obvious way. Less gasoline f...