CHONGQING, China -- Chongqing Changan Automobile will invest 18 billion yuan ($2.74 billion) in development of eco-friendly vehicles by 2025 as the automaker seeks to ride Beijing's policy promoting green autos.
The leading carmaker will roll out 34 electric-vehicle and plug-in hybrid models over the next decade, targeting aggregate sales of 2 million units, President Zhu Huarong said Monday when unveiling the plan at an international automobile forum here.
