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Electric cars in China

BYD to build 4th electric-car plant for $1.5bn

New facility in Changzhou to roll out 400,000 vehicles a year

BYD controls a leading 20% share in China's electric vehicle market.   © Reuters

GUANGZHOU -- Leading Chinese electric-vehicle maker BYD plans to spend 10 billion yuan ($1.5 billion) to build its fourth plant for passenger cars.

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