October 9, 2009 ----- In recent years, there has been ongoing development of electric vehicle (EV) technology; yet, there is an air of uncertainty in the market regarding the outlook of this industry. According to EnergyTrend, the price of a EV is still too high, which may deter its acceptance in the market.
September 18th, 2009 ----- Short battery life, long charge time and short driving range are all factors that deter the development of electric vehicles.
September 18th, 2009 ----- BYD China successfully won the favor of investment guru Warren Buffett as he acquired 10 percent equity interest in BYD. This move reflects the growing momentum of electric vehicles.China and the United States have also placed much emphasis on the development of the electric car in field of alternative energy source.