Wheel-s-pun

With the concept of Hybrid Cars beginning to materialise more and more day-by-day , all the major automobile companies are putting their best effort in to roll out Hybrid Cars which a common man can easily afford. But question marks still remain about its sales in the modern day market as the "car crazzzzzy" crowd desires power under the hood which hybrid cars do not deliver...

But the Chinese as always are ready come out with something innovative and have rolled out their first Plug-in Hybrid car. The infrastructure for running electric cars is not quite in place in China, but BYD Auto's plug-in has a lot to offer.
While U.S. automakers struggle to survive after the Senate rejected a bailout for Detroit, one company from China may be showing a way forward for the industry. On Dec. 15, BYD auto a jump on General Motors (GM), Toyota (TM), and Nissan (NSANY) by introducing in its home town of Shenzhen the first mass-produced plug-in hybrid, the F3 DM. BYD's new car, with a $22,000 price tag, can run for up to 60 miles on a battery charged from an ordinary electricity outlet.

Early this year there was plenty of skepticism in auto circles about BYD's ability to put together a car that would ever become truly roadworthy. The company unveiled its plug-in hybrid the Detroit Auto Show in January, and few outsiders figured the Chinese upstart, which had only been in the auto business since 2003, had the know-how to produce a commercially viable plug-in.

One person who seems to believe in the car's viability is Warren Buffett. In September, Des Moines-based Mid American Energy, which is controlled by Berkshire Hathaway (BRKA), paid $231 million for a 9.9% stake in BYD Auto's parent company BYD with a view to helping BYD distribute its cars in the U.S. 2011.