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At the North American International Auto Show (NAIAS) next week, China-based GAC Motor will unveil three new vehicles: a new SUV, a hybrid crossover concept car, and an elecric vehicle developed internally. GAC is the only Chinese automaker to exhibit at the 2017 NAIAS and is also the first Chinese automaker to present on the main show floor.
However, that lineup has consisted almost entirely of combustion vehicles, apart from the hybrid V6 Artura , which debuted in 2020. This past April, Mumtalakat, the sovereign wealth fund of the Kingdom of Bahrain, wholly acquired McLaren Automotive and the McLaren Racing Formula One team.
The American automaker is growing in key regions, including the United Arab Emirates, Kuwait, Bahrain, Qatar, and Saudi Arabia. Next year, Ford’s best-selling nameplate, the Territory, will also arrive in the Middle East in hybrid form. Ford said it’s currently the fastest-growing auto brand in Saudi Arabia.
With EV call for slowing at house, and firms dealing with considerable import price lists in america in addition to a Ecu Union probe into Chinese language subsidies, automakers view the patch as a big enlargement alternative that, thus far, is in large part untapped. of the passenger-vehicle marketplace. Chery Car Co.
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