Posted by: carboncreditsusa | January 9, 2009

BYD Auto Company To Announce Several New Electric Hybrid Vehicle Models

 

BYD Auto Company, one of China’s top independent automobile manufacturers and a world leader in green technology, will host a press conference at 10:50 a.m., Monday, January 12, at the North American International Auto Show at Detroit’s Cobo Center.

BYD Auto will introduce several important new models that represent the company’s strategic vision of “green tech for tomorrow,” including the e6 electric crossover vehicle and the F3DM sedan, the first production plug-in hybrid vehicle.

BYD executives will provide details about the company’s advanced Fe lithium-iron battery and its new Dual Mode (DM) plug-in hybrid system.

BYD Auto President Wang Chuanfu will be joined at the press conference by David Sokol, chairman of MidAmerican Energy Holdings. In September 2008, MidAmerican, a subsidiary of Warren Buffett’s Berkshire Hathaway, acquired a 10% stake in BYD Auto’s parent company, BYD Company Ltd.

About BYD Auto

BYD Auto Company, based in Shenzhen, China, is emerging as a leader in pure electric and plug-in hybrid gasoline-electric vehicles, as well as advanced battery technology. It is a subsidiary of BYD Company Ltd., the world’s second largest producer of rechargeable batteries and a supplier of IT components to Nokia, Motorola, Samsung and others. Information about BYD Auto is available at

www.byd.com.

About MidAmerican Energy Holdings

MidAmerican Energy Holdings Company, based in Des Moines, Iowa, is a global provider of energy services. It is a subsidiary of Berkshire Hathaway. Through its energy-related business platforms, MidAmerican provides electric and natural gas service to more than 6.9 million customers worldwide. These business platforms are Pacific Power, Rocky Mountain Power and PacifiCorp Energy, which comprise PacifiCorp; MidAmerican Energy Company; CE Electric UK; Northern Natural Gas Company; Kern River Gas Transmission Company; and CalEnergy. Information about MidAmerican is available at

www.midamerican.com.

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