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Toyota sees hybrids making up 30% of Chinese sales by 2020

SHANGHAI -- Toyota Motor wants hybrid vehicles to account for three out of 10 cars it sells in China in 2020, the company's top executive in the country, Hiroji Onishi, said Tuesday.

     The Japanese automaker will begin building hybrid vehicles locally this fall. The company also plans to release an electric vehicle in China this year through its joint venture with GAC Group. The new model will bear the Lingzhi brand (Leahead in English), which is unique to the Chinese market.

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