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Just as US auto industry goes from bad to worst and even biting the dust, their counterparts in China are heading into the future (at Warp-speed!).. Today, history has been made as Chinese car-maker,BYD, begins to sell China's first hybrid car and world's 1st mass-produced PHEV, the F3DM. Note that the F3DM has beaten Toyota and GM in the plug-in area, as the two companies only plan to launch hybrid cars that can be charged from home in 2009 and 2010 respectively. IMHO, what we are seeing now is a rapid titanic shift of automotive industry in terms of innovation, competitveness and capital power. Imagine, US's richest man investing and having a stake in a Chinese auto company that has never sell cars in US itself. That, by itself, speaks volume about China's potent potential in the automotive industry. Dec. 15 (Bloomberg) -- BYD Co., the Chinese automaker backed by Warren Buffett, started selling the world