CHINA: SAIC makes major investment in green vehicles
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Summary: Shanghai-based SAIC, partner of GM and VW in China and owner of SAIC Motor, China's biggest automaker, plans to invest RMB6bn (US$879m) to develop and manufacture clean energy vehicles between now and 2011, the official Xinhua news agency said, quoting SAIC chairman Hu Maoyuan. Read the complete article…
Date: 4 November 2009
Source: just-auto.com editorial team
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