GM to launch EV output in China within 2 years, report says
General Motors will start production of a pure-electric model in China within two years, the Associated Press reported.
The announcement was made by the president of GM's China unit, Matt Tsien, at the Shanghai auto show, according to the AP report on Friday.
GM, one of the largest automakers in the Chinese market, plans to launch at least 10 "new energy vehicles" by 2020.
To support the growth of its EV lineup, GM has built a battery assembly plant in Shanghai which should be ready to deliver battery packs next year.
China's automakers are charging ahead with plans to electrify their light-vehicle lineups even as policymakers scale back their EV subsidies.
Beijing is considering a proposal to replace those subsidies with a carbon credit program that would include a sales quota for battery-electric cars and plug-in hybrid vehicles.
The announcement was made by the president of GM's China unit, Matt Tsien, at the Shanghai auto show, according to the AP report on Friday.
GM, one of the largest automakers in the Chinese market, plans to launch at least 10 "new energy vehicles" by 2020.
To support the growth of its EV lineup, GM has built a battery assembly plant in Shanghai which should be ready to deliver battery packs next year.
China's automakers are charging ahead with plans to electrify their light-vehicle lineups even as policymakers scale back their EV subsidies.
Beijing is considering a proposal to replace those subsidies with a carbon credit program that would include a sales quota for battery-electric cars and plug-in hybrid vehicles.
