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!!
Tuesday, October 30, 2007
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