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Volvo announces plans to export China-made electric car

Volvo announces plans to export China-made electric car

Wednesday, April 19, 2017, 5:20 PM

Volvo Cars, the Chinese-owned Swedish automaker, announced plans Wednesday to manufacture electric cars in China for sale worldwide starting in 2019 amid pressure by Beijing for global auto brands to help develop its fledgling industry in alternatives to gasoline. The announcement at the Shanghai auto show adds to a flurry of plans by major automakers to roll out electric models in China, their industry's biggest market.
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