Can VW turn BYD hybrid cars from dream to reality?
A couple of years ago a number of Chinese automakers started showing up at major auto shows. At the LA show, for instance, such Chinese vehicles usually found themselves in the basement - out of sight out of mind.
Nonetheless, I've been following some of these Chinese automakers, particularly BYD and its lithium battery business, ever since. Yet, it has been hard to take this automaker too seriously. Well, at least it was hard. Warren Buffett's recent stake in BYD certainly opened my mind.
Of course, BYD still doesn't have a history of quality car making, so BYD's big future still seems far into the future - which makes the news of a potential partnership between VW and BYD quite compelling. If BYD has hammered out the kinks of its hybrid vehicles, especially its lithium batteries, then VW could certainly help bring BYD's technology to market significantly faster than BYD could achieve on its own.
At this time VW and BYD are simply exploring options and possibilities, but the potential of this partnership seems like it could be a game changer.