I like BYD in China. Warren Buffet has a stake in it. With news like this coming out BYD should do well. Recently it took a dive to around $22.50 HKD which I believe was a great time to have gotten in on this stock.
China will be pushing people very hard to buy electric cars and already they are using a bunch of electric taxis in Shenzhen and other cities of which are made by BYD. From what I have heard is that Shanghai,Shenzhen and Beijing will be using these taxis along with Buses. Exports to the US and Europe are also picking up for their electric buses.
http://www.cnbc.com/id/100879726?__s...na%20Plans%20t
http://www.google.com/finance?q=HKG%...UZCqDIKhkAXzZw