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SAIC (Shanghai Automotive Industry Corporation) has just presented a new type of electric vehicle, dubbed the E1, which boasts that its battery pack can be recharged up to 80% in just 30 minutes. The SAIC E1 owes this impressive feat to the new lithium iron phosphate battery pack. It allows the car, a three-door four-seater, to have a range of 88 miles,… …read the full post