Shanghai Gm To Invest $16 Billion To Develop New Vehicles

SHANGHAI (Reuters) - Shanghai GM, a joint venture between General Motors and Chinese automaker SAIC Motor Corp , plans to spend 100 billion yuan ($16.14 billion) over the next five years to develop new vehicles, Shanghai GM President Wang Yongqing said on Sunday.

BING NEWS:
  • 3 Behind-the-Headlines Takeaways From General Motors' Q1 Report
    GM's profit beat estimates and the company boosted guidance. There was more good news for investors behind those headlines.
    04/24/2024 - 11:13 pm | View Link
  • Tesla Is Still Overvalued, Don't Bet On Its Robotaxi
    Tesla, Inc.'s overvaluation persists as it plans a robotaxi rollout amid intensifying competition affecting the valuation gap. Click for my TSLA update.
    04/19/2024 - 7:15 am | View Link
  • Gasgoo Daily: NIO rolls out update for Alder intelligent system
    On April 16, the NIO Alder intelligent system received a version 2.0.5 update, featuring enhancements to multiple applications and functions including NIO Link, the app store, and HUD.
    04/16/2024 - 1:24 am | View Link
  • Apple, Adidas, and other Western giants betting big on China
    Famed for its smooth espresso, the firm has partnered with Yum China to develop ... spent $1.1 billion (£853m) to take control of its joint venture with Anhui Jianghuai Automotive (also known as JAC ...
    03/28/2024 - 1:09 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News