BYD to launch hybrid cars for mass market on Monday

Newswire

By Alison Leung HONG KONG, March 28 (Reuters) - Chinese car and battery maker BYD Co , backed by U.S. billionaire investor Warren Buffett, said it will start sales of plug-in hybrid cars with solar panels to the public in Shenzhen on Monday. The company said it will go ahead with the plan to sell the car to mass consumers as planned, despite rumours that it might postpone the date while waiting for the government to announce new consumer subsidies for new energy cars. "There had been ...

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