Shanghai October 18 (Gasgoo.com) China's largest auto maker SAIC Motor Corp will launch self-made Roewe 750 mild hybrid sedan, 20% fuel saving, at the end of this year, as well as the Roewe 550 plug-in strong hybrid and an all-electric A00 hatchback in 2012, the Beijing Times reported Monday.
Meanwhile, the automaker will fulfill the task of providing 1,000 new energy vehicles for the World Expo 2010, consisting of all-electric, ultracapacitor, fuel cell and hybrid vehicle.
The Roewe 550 plug-in strong hybrid will carry a 1.5L VCT engine and can travel 50 kilometers on electricity alone. Owners in the five cities subsidized can enjoy a subsidy of around 48,000 yuan ($7,200) per vehicle.
The all-electric A00 hatchback will be put on the market in October 2012. Powered by a 47 kW motor, the car can travel at an average speed of 150 kilometers per hour.
By 2013, SAIC hopes to see each of its executives drive home a self-developed fuel-cell vehicle, and to start large-scale production of the fuel-cell vehicles by 2015, with an initial production of about 1,000 units.
Moreover, SAIC will actively promote the industrialization of key parts of the new energy vehicles.
