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From: Robyn Seidman <robynkaplanseid...@gmail.com>
Date: Fri, 3 Jul 2009 22:33:01 -0700 (PDT)
Local: Sat, Jul 4 2009 1:33 am
Subject: SAIC
http://www.greencarcongress.com/2009/07/saic-20090703.html#more
>>SAIC Motor, China’s largest automaker, plans to invest 12 billion yuan (US$1.76 billion) in the next three to five years to develop new-energy vehicles.
The investment will divvied up between 41 projects under its
blueprint for environmentally friendly vehicles and SAIC plans to pour 2.1 billion yuan [US$307 million] into commercializing these cars this year, it said. At an event in May, SAIC outlined short-term objectives for the
* 2010 launch of Roewe 750 mild hybrid sedan with a boost in fuel
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