The Power Company Wants Your Sunshine!
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An interview with Sammy Rogers
Not only does he power his house and car with his very own backyard powerplant, he gets a check from the power company for hundreds every month!
How One Man Sells Electricity To the Power Company
China is set to enter the global automotive economy. In fact, it looks like they are going to set the standard.
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Gasgoo.com offers a wide range of value added services including the latest and richest automotive news, as well as information about China to the world; it is providing a window to China’s auto industry. It has established good relationships with many local & international automotive associations and media companies, including automotive associations in US, Europe and Asia-Pacific. On the base of profound industry background, sensitive market penetration, abundant global resource, Gasgoo.com is dedicated to build a bridge linking China and foreign auto industries.
Glenn Seymour
China December 15, 2008, 9:04AM EST By Frederik Balfour
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 got 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 at 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 MidAmerican 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. by 2011.
