Electric Cars
Interesting news (at least for Asia and the US) ...
Chinese auto company BYD plans to bring an all-electric sedan in small numbers to the U.S. next year.
The company chairman Wang Chuanfu told the Wall Street Journal that the company, which is part-owned by investor Warren Buffet, is now gearing up for a U.S. push. It plans to raise money by offering shares in the company in China to help finance the expansion.
BYD plans to offer a few hundred of one of its most advanced cars in the U.S.,
the five-seat e6, which takes seven to nine hours to fully charge and has a 250-mile range.
Initially, it will make the
$40,000 car available to "government agencies, utilities and maybe some celebrities" in a specific region