Monday, February 16, 2009

China's New Green Machine BYD

China's New Green Machine: "While major automakers like GM and Toyota are preparing to build their first plug-in hybrid vehicles, a Chinese battery maker has beat them to it.

As of yesterday, Shenzen-based BYD Auto--a subsidiary of leading Chinese rechargeable-battery producer BYD Group--is selling the world's first mass-produced plug-in hybrid car, according to Bloomberg. This battery-loaded version of BYD's F3 sedan is said to travel up to 100 kilometers (62 miles) on stored grid power alone."

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