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The Latest: Ford unveils 1st gasoline-electric hybrid

SAIC-GM president Wang Yongping announces the global launch of the Buick Velite 5, an extended range electric hybrid, during a global launch event ahead of the Shanghai Auto 2017 show in Shanghai, China, Tuesday, April 18, 2017. At the auto show, the global industry's biggest marketing event of the year, almost every global and Chinese auto brand is showing at least one electric concept vehicle, if not a market-ready model. (AP Photo/Ng Han Guan)
SAIC-GM president Wang Yongping announces the global launch of the Buick Velite 5, an extended range electric hybrid, during a global launch event ahead of the Shanghai Auto 2017 show in Shanghai, China, Tuesday, April 18, 2017. At the auto show, the global industry's biggest marketing event of the year, almost every global and Chinese auto brand is showing at least one electric concept vehicle, if not a market-ready model. (AP Photo/Ng Han Guan)

By Associated Press 2 min read

SHANGHAI (AP) – SHANGHAI (AP) – The latest from Auto Shanghai 2017 (all times local):

5:30 p.m.

Ford Motor Co.’s luxury brand, Lincoln, has unveiled its first gasoline-electric hybrid, a version of its MKZ midsize sedan, at the Shanghai auto show.

Lincoln said the MKZ will go on sale this year in China starting at 329,800 yuan ($47,900).

The company also displayed a concept version of its first full-size SUV, the Navigator. It said sales will begin late this year.