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Ford Motor Co (NYSE: F) has added another variant of its all-electric sports utility vehicle Mustang Mach-E in China for under RMB 300,000 ($46,000), thus qualifying it for state-led subsidies, the company announced on Saturday. What Happened: The Detroit-based automaker has started accepting bookings for the new long-range rear-drive version RMB 282,000 ($43,500) after subsidies.
...read full article on Benzinga
