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Benzinga
Benzinga
Rachit Vats

Tesla China Rival Backed By Warren Buffett And Cathie Wood Now Gets BlackRock's Attention

Cathie Wood Warren Buffett BlackRock BYD BlackRock Inc BYD Co BYDDY

BYD Co (OTC:BYDDY), a Chinese electric vehicle maker backed by veteran investor Warren Buffett and popular stock picker Cathie Wood, has caught the attention of the world’s largest asset management firm BlackRock Inc (NYSE:BLK), CnEVpost reported on Thursday, citing the EV maker.

What Happened: BYD and BlackRock held a conference call on April 12 and the asset management firm appears to have shown interest in investing in the Shenzhen-based company.

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