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Chinese car makers turn to hybrids, hope for Beijing backing

2013-04-19 23:26:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: China is warming to gasoline-electric hybrid cars as it tackles an addiction to fossil fuels, and local car makers are finally heeding the call and entering a niche 'green' market dominated by Japanese rivals such as Toyota Motor Corp. Some automakers like state-owned SAIC Motor Corp and Brilliance Auto are developing the fuel-saving technology pioneered by Toyota on its Prius model two decades ago, and BYD Co, a Chinese battery and automaker part-owned by a Warren Buffett company, will unveil...

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