WOW-POW = World Of Wonderful POWer: Chinese auto maker plans to take on giants with electric cars

Friday, February 20, 2009

Chinese auto maker plans to take on giants with electric cars

"From its headquarters in south China, BYD Auto is pursuing a project of staggering ambition: To be in the lead as the world's cars free themselves from their century-old dependence on petrol. The company, which was founded just 14 years ago and found success making batteries, has unveiled a series of slick electric and plug-in hybrids as it prepares to enter the US and European markets in 2011. The vision at BYD, or Build Your Dreams, is that of a future where electric cars fill the roads and quick-charge stations are as readily available as petrol stations today. Only next month will it start delivering the F3DM -- DM stands for "dual mode" -- which can go 100 kilometers (63 miles) on its battery, or 580 kilometres (360 miles) in hybrid mode with gasoline."
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