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Big investment by SAIC in electric vehicles

 
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PostPosted: Thu Feb 02, 2017 12:05 pm    Post subject: Big investment by SAIC in electric vehicles Reply with quote

Big investment:

Chinese manufacturer SAIC is planning on investing a total of 15bn yuan (2.2bn dollars) in the development of electric vehicles and the field of connectivity.

About half the money will be spend on pure battery-powered cars and the other on plug-in hybrids. SAIC plans to sell more than 320,000 EVs per year by 2020.


Source: electrive.com
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