Tuesday, October 30, 2007

The Chinese are Coming!

Got2BeGreen reports BYD, a large Chinese firm that is jumping into cars, will be showing a plug-in hybrid, the F6DM, at the Detroit Auto Show. According to this report, it will begin selling next year in China for about $20,000. It is said to be using an iron-based battery, which none of the major world auto-makers is considering.

The Chinese have nothing to lose breaking new ground in the US market. The PHEV and EV market is wide open. Bring it on!!

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