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SAIC Invests CNY6 Billion In R&D On New Energy Vehicles

Aggregated Source: GreenChinaTech.com
November 5, 2009| 0 Comments »

Hu Maoyuan, the president of Shanghai Automotive Industry Corporation, has disclosed to local media that SAIC Group will invest CNY6 billion over the next two years for research and development on new energy vehicles. At the China Clean Energy International Summit, Hu said that CNY2 billion of the CNY6 billion investment, will be used to set [...]

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