Americans Get Ready for the First Chinese Hybrid Car

Filed under: Launches, Industry, Competitive Strategy, Marketing and Advertising, Market Matters, Next Big Thing, Headline News

The first Chinese hybrid car, the F3DM, will hit US showrooms next year from BYD Co. Ltd. (BYD). BYD, which stands for Build Your Dream, sold 240,000 F3DMs last year and Warren Buffet likes the company so much that Berkshire Hathaway invested $230 million in BYD in 2008. In fact, the latest BYD model will be on display at Berkshire's big meeting in May, as reported in NYT.



BYD is a diversified energy company. In addition to its hybrid models Its products include solar panels, solar shaded parking systems, home energy storage systems and charging equipment and LED lighting. BYD plans to open showrooms in the Los Angeles area.

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Americans Get Ready for the First Chinese Hybrid Car originally appeared on BloggingStocks on Wed, 02 Mar 2011 18:20:00 EST. Please see our terms for use of feeds.

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