SAIC-GM's new energy vehicle project may be handed over to Wuhan, and its fuel vehicle project may be withdrawn

There are reports that SAIC-GM's new energy project may be handed over to Wuhan, and the Wuhan base may withdraw from the fuel vehicle project. If the news is true, the production of fuel vehicles such as Buick Verano at the Wuhan plant may be stopped, while the new energy vehicle Buick Velar series and the Ultra Energy model Buick E5 will continue to be produced.