Buffett-Backed BYD to Enter $450 Billion China Monorail Market BYD Co., the electric-car maker that counts Warren Buffett’s Berkshire Hathaway Inc. as a shareholder, is in talks with several of China’s smaller cities on building monorail systems to preempt traffic congestion spurred by rapid growth in automobile ownership. Monorail systems are a potential 3 trillion yuan ($450 billion) market in …
