Despite the fact that European buyers have a penchant for choosing diesels over hybrids (and everything else for that matter), Chinese manufacturer BYD (Build Your Dreams) is planning on testing out the Euro-hybrid waters. Their hybrid sedan, which was shown off in Detroit at the Auto Show, uses ferrous batteries and features plug-in capabilities. The vehicle is capable of traveling on electricity alone for treks of up to 60 miles before the gasoline engine is required. Still, hybrid sales in China have yet to set the world on fire.
"Savings on running costs [in Europe] are higher than in China because of high European fuel prices," according to company president Wang Chuanfu. "The emphasis in Europe is on the environment. So we will first bring our hybrid models to Europe. Start of sales in 2010 would be ideal." Chuanfu also hints that European production is also a possibility for their line of vehicles. A video of the BYD FD DM PHEV is pasted after the break.
[Source: Automotive News China - sub. req'd.]