A BYD For the U.S. Market; Chinese Automaker Eyes Toledo for Plant Site (Warren Buffett)

DETROIT - Fledgling Chinese automaker BYD Auto Co. Ltd. - a Chinese battery maker with backing for its auto venture from billionaire Warren Buffet - announced yesterday that it plans to formally enter the crowded and competitive U.S. auto market by 2011. Eyes Toledo for Plant Site

The company's development skills garnered a $235-million investment from billionaire Warren Buffett through his MidAmerican Energy Holdings Co. MidAmerican Chairman David Sobol said the company was less interested in BYD's energy storage and solar research powers than its automotive arm -- although BYD will deliver some of its models to the annual meeting of Buffett's Berkshire Hathaway investors in Omaha, Neb.
BYD's battery technology is somewhat similar to that from A123 Systems, which lost out on the contract to supply the Chevrolet Volt. The difference is that BYD has a decade of building batteries in China.
"The technology you see here is a lot more cost-effective than some of the lithium-ion technology that some automakers will be using, which is an expensive proposition," said Tony Mampilly, a BYD board member.
battery supplier and upstart automaker announced plans to build an all-electric hatchback dubbed e6, with a 250-mile range, what BYD Chairman Wang Chua-fu called "the first vehicle of its kind in the world."
The e6 follows Chinese production of the F3DM extended-range hybrids that the company plans to bring to the United States in 2011, at a price of around $20,000.

Source

But its Free Trade 1/3 of the cars made in the U.S are made up of goverment taxs and regulations. THis f-——g goverment now take them over ,Did you know that when you go to the store to buy a loaf of bread that it has been taxed a over(hundred times). And your phone bill has been taxed 30%. i could go on and on but i don’n want to made you sick
don,t take my word for it watch this
we how have taxation without representation
http://video.google.com/videoplay?docid=1590858026591557284

Reminder to self: In 2011, Ohio interstates are going to become the biggest involuntary demolition derby in the world. Man on a daily basis we’re going to see spontaneous crashes, explosions, and multi-car disasters that you can’t even conceive of now.

I would ask the question: Why would BYD consider manufacture of it "revolutionary new car" here in the first place. Labor is not cheap enough in China or elsewhere? Why here?
Or will America win out on the best place to put outside investor start-up money--when bailouts becomes commonplace; therefore, "protectionary" for investments against failure?
The value of the dollar may be lower, but still a better buy considering alternatives? Money has to go somewhere. Americans will be eager for work in this "same" industry, especially with overhead debt caused by reckless spending.
I dunno...just asking.
Considered buying a pitch fork the other day. ( Latvians riot as economy collapses.. Russian opportunity?)

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