Everyone always focases on Telsa...as they should but, BYD and...

Everyone always focases on Telsa...as they should but, BYD and Nissan are the big boys buying lots of Lithium and looks like they are going to be buying even more.

It's funny how Warren Buffet was in this 7-8 years ago...as expected...he (and his mate Charlie Munger) figured it out along time before anyone else.

http://finance.yahoo.com/news/china...cent-profit-rise-first-122646090--sector.html
China's BYD forecasts up to 91 percent profit rise for first nine months


August 28, 2016


View photos
The logo of BYD is seen on a car presented at the Auto China 2016 auto show in Beijing, China, April 29, 2016. REUTERS/Damir Sagolj
BEIJING (Reuters) - Chinese automaker BYD Co Ltd <1211.HK><002594.SZ>, backed by Warren Buffett's Berkshire Hathaway Inc , on Sunday predicted an up to 91-percent profit increase in the first nine months of the year, as government policies drive green car sales.

The Shenzhen-based company forecast an 83 percent to 91 percent rise in net profit for the first nine months, between 3.6 billion yuan ($539.8 million) to 3.7 billion yuan, according to a stock exchange filing.
For the first half of 2016, BYD reported 2.3 billion yuan in profit, a 384 percent increase year-on-year, on the low end of the company's predicted increase of 382 percent to 425 percent.
BYD, which focuses on making green energy cars and batteries for personal electronics, had reported successive quarters of triple-digit growth since third quarter 2015 after years of favorable government policies finally sparked a boom in sales of full electric cars and plug-in hybrids.

Berkshire Hathaway's stake in BYD fell to 8.25 percent from 9.1 percent previously after a share sale in July in which South Korea's Samsung Electronics Co Ltd <005930.KS> and other investors bought a stake in the Chinese automaker.
BYD's board recommended an interim cash dividend of 0.367 yuan per share, according to the filing.