Tuesday, 16. December 2008

Chinese Automaker Unveils First Electric Car


A Chinese auto manufacturer, BYD, is introducing today the country's first electric car, a plug-in hybrid vehicle. It plans to sell at least 10,000 cars in 2009 for a price of less than $22,000. This put the company ahead of schedule against other entrants to this market, such as Toyota, due to release a similar car in late 2009; and GM, whose Chevy Volt will be launched in late 2010.

allheadlinenews.com

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