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Tag Archives: (NDRC)

Chinese regulator approves VW-JAC Motor electric car venture

  BEIJING: Germany’s Volkswagen AG and Anhui Jianghuai Automobile Group (JAC Motor) have received approval from Chinese regulators to form a joint venture to make electric vehicles, the two automakers said on Monday. The National Development and Reform Commission (NDRC), China’s top state planner, gave a green light to JAC and VW to build 100,000 pure battery electric vehicles annually ...

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