China Start-up Wants to Upstage GM, Toyota with Own Plug-in Hybrid
While General Motors and Toyota are battling to launch their plug-in hybrids by 2010, a tiny startup in China vowed it will pre-empt the two auto giants by the middle of this year.
At the North American International Auto Show in Detroit, BYD Auto, a newcomer to the exhibition, unveiled its F6 Dual Model plug-in hybrid, which evolved from its gasoline-fueled F6 sedan.
The Chinese carmaker also disclosed that it would produce the plug-in hybrid in the second half of this year and that it would launch other two electric car models, the F3e and F6e, in two or three years, according to a article in Chinese posted on the Web site of BYD Auto. If BYD Auto manages to realize its plan, it will beat General Motors (nyse: GM - news - people ) and Toyota Motor (nyse: TM - news - people ) in rolling out the world’s first commercially available plug-in hybrid.
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