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BYD Auto: Portland and Warren Buffet Agree!

The Oracle of Omaha, keen investor Warren E. Buffett, announced last week that he agreed to buy a 9.89 percent stake in the Chinese Battery Manufacturer, BYD. Commissioner Sam visited BYD on his recent trip to China to pitch Portland as their North American test market.

Coincidence? or dual foresight?

Read about Buffett's investment and the BYD company here.

Read Sam's blog about the prospects of BYD in Portland here.

 



I wonder if the

I wonder if the Mayor-Elect's staff can correctly identify the Portland based business that is owned by Warren Buffett.

And, what is Mr. Adams doing in partnership with this Portland based company owned by Warren Buffett with regards to environmental concerns?


Monday, Beijing's 1st Driving Restriction Day

On a related topic from an earlier post...

All reports suggest Beijing's 1st mandatory restricted driving day came off without a hitch yesterday. The new rule takes drivers with plate numbers ending in certain pre-determined digits off the road one day each week.

Public bus use increased 3.8% and subway use increased by 6.4% over last week Monday. No major traffic congestion was reported. The fine for a violation is about US$15, although police will only issue oral warnings during this first week of the program.


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