China's BYD to ditch petrol power

Apr 19, 2013 Full story: Iol.co.za

BYD, one of the better known Chinese brands thanks to a stake held by billionaire US investor Warren Buffett, may stop making conventional petrol-fuelled cars within two years and focus on 'new energy' battery models as part of a "re-birth plan" to arrest a slump in sales.

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Roland Moesl

Salzburg, Austria

#1 Apr 20, 2013
This is the forecast of the Energy Watch Group
http://www.energywatchgroup.org/fileadmin/glo...
-40% oil production in 2030. It would be simple fraud to sell any more oil dependent vehicles, when it's known, there is not enough oil to power all this cars.

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