Ron Burgundy Posted December 16, 2016 Share Posted December 16, 2016 By Norihiko Shirouzu and Catherine Cadell BEIJING (Reuters) - Wanxiang Group, a major Chinese auto parts supplier which almost three years ago bought the assets of defunct California-based plug-in hybrid carmaker Fisker Automotive, has received approval from local regulators to produce electric vehicles in China. According to a notice on Friday on the website of the National Development and Reform Commission (NDRC), China’s top economic and industrial planner, Wanxiang has the green light to build a factory with capacity to produce 50,000 electric cars a year. View the full article Quote Link to comment Share on other sites More sharing options...
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