The class-leading 48-volt mild hybrid system cuts the vehicle's fuel consumption by 0.7 liter per 100 km. The standard luggage space of 605 liters has made it a perfect choice for long-distance travel.
The company denied as "malicious speculation" market rumors that banks had ordered a sale of its bonds, and said it was operating normally.
The companies decided to terminate their deal after the Committee on Foreign Investment in the United States (CFIUS) rejected their proposals to mitigate concerns over the safety of data that can be used to identify US citizens, according to sources familiar with the confidential discussions.
The company has been stepping up investments in China in recent years, including a Herbalife nutrition product innovation center, the company's first global product innovation center that was put into operation earlier this month in Shanghai.
The company has established a semiconductor subgroup, which is studying the feasibility of building two 12-inch wafer plants, according to a report from Digi-Times, a daily newspaper for the semiconductor and electronics sectors.
The company confirmed its long-term hiring plans to Reuters.
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The company aims to maintain its position as the leading computer maker, and to expand its presence in the internet of things era.
The commission said it would closely monitor the effects of the current pricing mechanism and make changes in response to global fluctuations.
The company booked about .9 billion in sales for the 12 months that ended Dec 31, 2018, showed its prospectus.
The company also violated regulations in the design of safety facilities, Pei said.