Column:  Energy & Environment

Liquid gold

January 2010: Chinese firms are well positioned to become world leaders in coal-to-liquids technology, says Silver Rock's Robert Abbanat

Robert Abbanat

Chinese car manufacturer BYD is hardly a household name, but it plans on being the largest auto company in the world by 2025. Ambitious? Yes. Impossible? Warren Buffett was sufficiently impressed to hand over US$230 million for a 10% stake in BYD in 2008.

The company has leveraged an early expertise in battery technology to evolve into one of the global frontrunners in the market for electric vehicles. Many, including myself, believe this market represents the green future of auto...

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