China`s top carmaker earmarks US$879m for green car development. Source: BusinessGreen. Nov. 5, 2009. SAIC Motor Corp, China’s largest carmaker, has said it plans to invest $879m (£531m) over the next two years to develop and manufacture eco-friendly … of auto manufacturing facilities, SAIC chairman Hu Maoyuan told state-owned Xinhua news service earlier this week. The carmaker plans to launch the Roewe 750, a hybrid sedan based on the UK’s Rover 75, in China next year. …