Video - China, Meet Detroit: BYD F3DM @ NAIAS

Videa Mazda Ryuga China, Meet Detroit: BYD F3DM @ NAIAS

China, Meet Detroit: BYD F3DM @ NAIAS

MORE DETROIT AUTO SHOW COVERAGE: Chinese automaker BYD Auto Company pitched its F3DM plug-in electric hybrid car to US consumers on Monday at the 2009 Detroit Auto Show and said it plans to begin selling its vehicles here in 2011. BYD also left the door open for building cars in the US BYD Chairman and President Wang Chuanfu said in a statement that the company plans to establish manufacturing facilities in the US "when it is appropriate." Wang was backstopped at Monday's press event by David Sokol, chairman of MidAmerican Energy Holdings, the energy wing of Warren Buffett's Berkshire Hathaway, which last fall acquired a 10 percent stake in BYD Auto's parent company, BYD Company LTD. "We are working with BYD on developing charging technologies and infrastructure that would help promote plug-in hybrid and all-electric vehicles," Sokol said. "For the electric-vehicle market to mature, the underlying charging infrastructure and technologies must mature at least simultaneously, if not first. Perhaps like no other corporate entity in the world, we are in a position to help make that happen." Last month, BYD kicked off sales of its plug-in electric hybrid car in China — at least a year ahead of competitors in the US and Japan. The F3DM plugs into a standard outlet and comes with a small gas engine that can recharge the battery on the go. The Wall Street Journal on Monday noted that "no startup has grown into a major automaker in at least half a century" and ...




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