World’s first mass-market plug-in hybrid is from … China, for $22,000?

The AP reports today from Shanghai:

BYD presented the vehicle, known as the F3DM, in a ceremony in the southern city of Shenzhen…. The vehicle can run up to 100 kilometers (62 miles) on its electric engine, and when it runs low on power shifts to a back up gasoline engine. Its battery can fully charge in nine hours from a regular electrical outlet, or much faster at BYD’s own charging stations, the company said in a statement.

The car will sell for 149,800 yuan ($22,000), about the same as many Chinese-made mid-sized cars, it said.

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