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The Latest: Ford unveils 1st gasoline-electric hybrid

Associated Press logo Associated Press 19/04/2017
SAIC-GM president Wang Yongping announces the global launch of the Buick Velite 5, an extended range electric hybrid, during a global launch event ahead of the Shanghai Auto 2017 show in Shanghai, China, Tuesday, April 18, 2017. At the auto show, the global industry's biggest marketing event of the year, almost every global and Chinese auto brand is showing at least one electric concept vehicle, if not a market-ready model. (AP Photo/Ng Han Guan) © The Associated Press SAIC-GM president Wang Yongping announces the global launch of the Buick Velite 5, an extended range electric hybrid, during a global launch event ahead of the Shanghai Auto 2017 show in Shanghai, China, Tuesday, April 18, 2017. At the auto show, the global industry's biggest marketing event of the year, almost every global and Chinese auto brand is showing at least one electric concept vehicle, if not a market-ready model. (AP Photo/Ng Han Guan)

SHANGHAI — SHANGHAI — The latest from Auto Shanghai 2017 (all times local):

5:30 p.m.

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

Lincoln said the MKZ will 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 will 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.

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3:45 p.m.:

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

Volvo said the car will 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.

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2:00 p.m.

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

The announcement at the Shanghai auto show comes as Beijing pushes global automakers to promote alternatives to gasoline.

GM said its Velite 5 hybrid will 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. Prices will start at 265,800 yuan ($38,600).

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