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electric car business
BAIC Group is expecting to raise about 3 billion yuan ($460 million) in a financing round for its electric-car business, and plans to sell shares and invest more on new electric vehicles (NEVs).
BAIC Seeking to Raise $460m from IPO to Cut Debt, Invest More

ByManny Salvacion | Mar 12, 2016 07:24 AM EST

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