China's BYD touts battery technology
GUANGZHOU, China--BYD is a small automaker here but a major producer of lithium ion batteries for cell phones.
The company wants to use its expertise in batteries to make practical plug-in hybrids.
At the Detroit auto show, BYD will show its F3DM plug-in hybrid, which is on sale in China in limited numbers.
BYD President Wang Chuanfu told Automotive News China that U.S. sales are possible in 2011, but he has not spelled out specific plans.
In September, BYD received a $232 million investment from American billionaire Warren Buffett.
BYD also plans to show another plug-in hybrid, the F6DM, … Read more