BYD Launches China's First Electric Car For Nearly $22,000

AHN Staff
Shenzhen, China (AHN) - China's BYD Co., which is 10 percent owned by U.S. investor Warren Buffett, said Monday that it has launched the world's first homegrown electric, mass-produced plug-in hybrid car.

BYD chairman Wang Chuan Fu told reporters on Monday that the company will sell the vehicle in European and U.S. markets in 2011, which is a delay from its previous decision to launch in the regions by 2010.

The F3 DM can run for 100 kilometers (62 miles) using only batteries that can be charged from a regular electrical outlet, the company said.

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veyron1001 - 12/16/2008 4:25:05 PM

0 Boost

The Chinese can make an electric motor last longer than the Volt by more than 20 miles as a sedan and cost half as much? Is Chevy ran by people living in sheds?

100octane - 12/16/2008 5:01:33 PM

+1 Boost

let's wait for the first crash test.
nevertheless china catches up as fast as a scud rocket, scary.

Hyundai - 12/16/2008 11:11:07 PM

0 Boost

I'm sorry, but this will be a total death trap. The Chinese are not concerned with the safety or longevity of this product, but simply with cashing in on sales from naive foreigners.

Hyundai - 12/16/2008 11:11:56 PM

0 Boost

There are enough suckers out there to sell this piece of crap to, for them to make money off of it.

DinamoR - 12/17/2008 1:19:35 AM

+1 Boost

oh WOW the chinese are taking over the world fast! Toyota and GM watch out! death trap? whatever man that is something they can work on, and i'm sure if they sell it in US it has to comply to US safety standards.

Bottom line: Chinese have done something noone else can- put out a hybrid car that gets 60 miles electric range (20 more than Volt) for half the price of the Volt (which means itll be profitable).

This is H-U-G-E! Now everyone will be forced to better them. Great job China!