Ultra low cost EVs will be the vast majority of all cars sold in the world by 2060. Look at how big the global auto industry is! That's a huge opportunity! And almost every US VC passed on it! 🤡
Warren Buffett was smart enough to see where this was all headed, and invested heavily in BYD back in the day. But Berkshire Hathaway is more of a private equity / diversified holding company, than a VC.