from the jump-start-on-the-competition dept.
JuliusSu writes "A Chinese auto manufacturer, BYD, is introducing today the country's first electric car, a plug-in hybrid vehicle. It plans to sell at least 10,000 cars in 2009 for a price of less than $22,000. This put the company ahead of schedule against other entrants to this market, such as Toyota, due to release a similar car in late 2009; and GM, whose Chevy Volt will be launched in late 2010. The company is best known for making cellphone batteries, and hopes its expertise in ferrous battery technology will allow it to leapfrog established car manufacturers."
"It says he made us all to be just like him. So if we're dumb, then god is
dumb, and maybe even a little ugly on the side."
-- Frank Zappa