Thursday, September 22, 2011

GM and Chinese automaker SAIC sign EV deal

GM and Chinese automaker SAIC sign EV deal

General Motors has announced that it will partner with China's SAIC Motor Corporation on the development of an all-new electric vehicle. The final product will be sold in China under the SAIC brand, but GM will benefit from the deal by having a new electric vehicle platform which can be used to spawn new vehicles in other global markets. The new EV will be developed at SAIC and GM's Pan Asia Technical Automotive Center in Shanghai, where teams from both companies will work together to develop key components of the vehicle's structure.

Autoblog, GM and Chinese automaker SAIC sign EV deal

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