Direct competitors to Suntech Power, according to Revere Data, include Baoding, China-based Yingli Green Energy Holding and JA Solar Holdings, based in Ningjin, China.

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The company, headquartered in Baoding, an industrial city southwest of Beijing, said SUV sales in the first three months of the year rose 95 percent over a year earlier and accounted for half the 180, 000 vehicles it sold.

NPR: China's Struggling Automakers Jump On SUV Boom