(That's right folks. The best electric cars in the world, BYD, can't be sold in America even though they also happen to be very inexpensive... because they would cripple the American made e-car industry and Tesla specifically. )
from Daily Sabah
Oil giant Saudi Aramco and the Chinese electric vehicle maker BYD announced Monday they agreed to explore closer collaboration in new-energy vehicle technologies.
The Saudi firm is already a partner with Renault of France and the Chinese automaker Geely in a joint venture to produce thermal engines.
Its subsidiary Saudi Aramco Technologies Company (SATC) is now teaming up with the Chinese EV and hybrid vehicle giant, although terms of the accord were not specified.
In a joint statement the companies said the deal aimed to "foster the development of innovative technologies that enhance efficiency and environmental performance."
The statement was issued ahead of Auto Shanghai, the world's largest industry show of its kind, which opens Wednesday...
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