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China automobile sales up 9.6 percent in May 2018

BEIJING – China’s automobile sales in May reached 2.29 million units, up 9.6 percent from the same period of the previous year, according to data released by China Association of Automobile Manufacturers (CAAM) on June 11. Passenger vehicle sales reached 1.89 million units, up 7.9 percent, while commercial vehicle sales

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GM speeds up electrification pace in China, 20 NEVs planned by 2023, electric km driven to hit 100 million by Q3

Matt Tsien (left) and chief engineer of GM China Electrification Jennifer Goforth SHANGHAI – General Motors plans to introduce a total of 20 new energy vehicles in China by 2023, most of them locally-produced, and expects its existing NEVs on the roads to log more than 100 million pure electric kilometers

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Intelligent Power: Borui GE MHEV and PHEV among 30 new energy models Geely to launch by 2020

NINGBO, Zhejiang – Geely launched its smart hybrid flagship model Borui GE on May 28 at retail prices of ¥136,800-¥179,800  for five variants of the MHEV version and ¥166,800-¥199,800 after subsidies for three variants of the PHEV version. The new model, which debuted at the Beijing Auto Show in April,

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China automobile sales up 11.5 percent in April 2018

BEIJING – China’s automobile sales in April reached 2.32 million units, up 11.5 percent from the same period of the previous year, according to data released by China Association of Automobile Manufacturers (CAAM) on May 11. Passenger vehicle sales reached 1.91 million units, up 11.2 percent, while commercial vehicle sales

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2018 China Auto Forum: “Internet thinking” not a pedestal for the auto industry

BEIJING – Automakers should not put “Internet thinking” on a pedestal and overly depend on it, but rather focus to develop related technologies in a pragmatic manner so as to create a competitive advantage in automotive mobility technologies, according to Li Shufu, chairman of Geely Holding Group. Li made the

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Ford’s all new focus: getting fit and healthy as China 2025 Plan takes off

CHONGQING – Peter Fleet, Ford’s group vice president and president of Asia Pacific, admitted that sales of the U.S. automaker in China will continue to be down for the remainder of this year as it focuses on efforts to streamline its sales network and begins a new round of product

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