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Benzinga
Benzinga
Technology
Rachit Vats

Warren Buffett-Backed EV Maker To Soon Supply Batteries To Tesla: Report

Warren Buffett BYD BYDDY BYD Co CnEVPost Nasdaq Tesla Inc. Elon Musk electric vehicle

Warren Buffett-backed Chinese electric vehicle and battery maker BYD Co (OTC: BYDDY) will soon begin supplying batteries to Tesla Inc (NASDAQ: TSLA), CnEVpost reported on Wednesday, citing the EV maker’s interview with a local media outlet.

What Happened: Lian Yubo, BYD’s executive vice president and director of its automotive engineering research institute, praised Tesla’s prowess and confirmed plans to begin deliveries of the batteries soon.

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