China's First Plug-In Hybrid Car Rolls Out - BusinessWeek

China's First Plug-In Hybrid Car Rolls Out - BusinessWeek: "While U.S. automakers struggle to survive after the Senate rejected a bailout for Detroit, one company from China may be showing a way forward for the industry. On Dec. 15, BYD Auto got a jump on General Motors (GM), Toyota (TM), and Nissan (NSANY) by introducing in its home town of Shenzhen the first mass-produced plug-in hybrid, the F3 DM. BYD's new car, with a $22,000 price tag, can run for up to 60 miles on a battery charged from an ordinary electricity outlet."