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Ford, Zotye to invest 5b yuan in China electric cars
Published Wed, Nov 8, 2017 · 09:50 PM
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Beijing
FORD Motor Co and partner Anhui Zotye Automobile Co will invest five billion yuan (S$1.03 billion) to make and sell small electric cars in China as vehicle makers step up investments in low-emission vehicles in the world's biggest car market.
Ford and Zotye plan to build a new manufacturing facility in Zhejiang province and the vehicles will be sold under a ne…
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