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Shangahi GM new-energy vehicles in the pipeline

Shanghai GM plans to produce more than 10 new-energy vehicles as well as 13 environmentally friendly engines and nine transmissions in the next five years.

The move is part of the automaker's effort to seize a 10 percent market share in China by 2020, said its general manager Wang Yongqing.

It sold 1.76 million units in 2014, an 8.9 percent share of the Chinese market. The automaker has set a goal of selling at least 1.9 million units this year, said Wang.

Wang expects sales of Shanghai GM's new-energy vehicles to account for 10 percent of its total sales by 2020.