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Electric cars in China

Chinese startup buys automaker for shortcut to EV production

Purchase of Lifan Motors gives CHJ a manufacturing license and overseas footing

A Lifan electric vehicle on display at the Beijing motor show in May. The Chongqing-based company sold 130,000 gasoline and new-energy vehicles in 2017. (Photo by Shunsuke Tabeta)

SHENZHEN -- Chinese electric car startup CHJ Automotive will acquire Chongqing-based automaker Lifan Motors, shifting from an earlier plan to outsource production to the company.

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