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BYD Co, the automaker backed by Warren Buffett, plans to start selling electric and hybrid cars in western Europe next year as the first Chinese company to market alternative energy-powered vehicles in the region.
Beijing is hoping twice as many people will use the through lane on expressways to bypass toll gates this year, saving time for drivers and increasing efficiency for the company that manages the roads.
Electric car designer Zhang Xiaochun says his cars not only have the potential to revolutionize the market, but they will benefit low-income earners the most.
Beijing authorities have rolled out a bold plan to start running thousands of energy-saving, electric-powered vehicles later this year. But experts and consumers say the local market may not be ready for the drastic change from fuel to electricity.
Toyota's long track record of quality means little to China's motoring freshmen...
The beleaguered auto giant is now facing a different path - finding a way to recover consumer trust after massive recalls around the world.
Although it is facing the biggest challenge worldwide in its century old history, General Motors has found the Chinese market is giving it a glimpse of hope for business survival.
The details of a plan to subsidize private purchases of electronic motor cars will be released after the "two conferences".
Second-hand auto sales in China climbed 22 percent last year to 3.34 million units, the China Automobile Dealers Association said Friday.
FAW Car Co, a unit of one of China's three largest auto makers, First Automotive Works, said Thursday its net profit rose 49.8 percent to 1.6 billion yuan ($234 million) in 2009 from a year earlier, fueled by strong sales.
China's major auto import customs center in Tianjin has reported a strong increase in auto imports this year.
General Motors said its February vehicle sales in China rose 51 percent from a year earlier on strong demand for Chevrolet and Cadillac models as well as its popular minivans.
