Ford unveils 1st gasoline-electric hybrid

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SHANGHAI (AP) Developments on Wednesday, April 19, from Auto Shanghai 2017 (all times China Time).

  • 5:30 p.m.

Ford Motor Co.’s luxury brand, Lincoln, unveiled its first gasoline-electric hybrid, a version of its MKZ midsize sedan, at the Shanghai auto show.

A Lincoln official said the MKZ would go on sale this year in China starting at 329,800 yuan ($47,900).

The company also displayed a concept version of its first full-size SUV, the Navigator. It said sales would begin late this year.

The total of 1,400 sedans, SUVs, minivans, and other vehicles displayed at the show include 63 electric or gasoline-electric hybrids from global brands and 96 from Chinese manufacturers, according to the organizers.

  • 3:45 p.m.

Volvo Cars, the Chinese-owned Swedish automaker, announced plans to produce a pure-electric car in China for sale worldwide starting in 2019.

Volvo said the car would be based on the economy-size CMA platform shared with Chinese automaker Geely, which bought the Swedish brand from Ford Motor Co. in 2010.

Volvo has two factories in China and in 2015 became the first automaker to export Chinese-made cars to the United States.

  • 2:00 p.m.

General Motors Co. announced plans to manufacture and sell a gasoline-electric hybrid version of its Chevrolet Volt in China.

The announcement at the Shanghai auto show came as China’s government pushed global automakers to promote alternatives to gasoline.

GM said its Velite 5 hybrid would be sold not as a Chevrolet but by its Buick unit, which has modest sales elsewhere but is GM’s main brand in China.

The vehicle will be made by GM’s joint venture with a state-owned automaker, Shanghai Automotive Industries Corp., with sticker prices starting at 265,800 yuan ($38,600).

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