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Yes, China has beaten us to the punch with a plug-in hybrid car now on sale over there for only $22,000. It runs the first 60 miles on electricity and only takes 7 hours to fully recharge - from a regular outlet!

The Chinese firm BYD (Build Your Dream) has leapt dramatically into the electric car market with the introduction of the F3DM, a commercially available plug-in hybrid that can travel for 60 miles without using its gasoline engine.

The car retails for about $22,000 in China, well below the projected price of the Chevy Volt, which it closely resembles. Of course, the F3DM isn't available yet outside China yet, and both Toyota and Chevrolet may beat the company to market in the U.S. Nevertheless, Warren Buffett owns 10% of the company, and it's a good bet that it has its eyes on world markets. The car made a big splash at the Detroit auto show this year (in part thanks to an illegal, pranksterish test drive).

No where does that article state the reasons for the delay in offering them for sale in this country. Any ideas why that is?

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