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The Electric Car of the 21st Century
BYD motors presented a an electric car which is kind of you could think of it as the model T of the 21st century. BYD priced the car at about $11,000 which is just a little bit less than the average per capita GDP for China. It's not being exported to the United States yet that's not happening but BYD is selling it throughout China and I am pretty sure that it is definitely going to cause some headaches for Tesla who has invested an extraordinary amount of money in marketing their cars in China.