Chinese Automaker BYD (Build Your Dreams) has entered the Hybrid vehicle market. For the equivalent of $22,000 U.S.D., Chinese citizens can now purchase the first Chinese built, plug-in Hybrid! Named the F3 DM, (DM stands for Dual Mode) the automaker hopes to make it available in the U.S. in 2011. This is quite ambitious for a company that sold its first vehicle in 2003!
The F3 DM is powered by a ferrous battery that BYD claims propels the vehicle from 0 to 60 mph in 10.5 seconds and will travel over 60 miles on a full charge. This technology, says BYD general manager Henry Li, "is superior to the nickel metal hydride (Ni-MH) battery used in current Hybrids". The battery can deliver twice the voltage of a Ni-MH battery, costs less and is eco friendly as it contains no pollutants! learn more