GM forms electric-car alliance with Chinese car maker
Sep 28, 2011, 3:06 GMT
Shanghai - General Motors and the Chinese car maker SAIC have formed an electric-car alliance in the latest such agreement between major car makers competing on the best concept in the E-Vehicle market.
GM's Dan Akerson and Hu Maoyuan, SAIC CEO, signed in Shanghai an agreement on building an electric car platform both for the Chinese and other markets. The two car makers already have a successful venture in the production of the locally-Chinese built Wuling, a small van.
GM already produces the electric Chevy Volt which is fitted with a range-extending combustion engine that can also recharge the battery for zero-emission drive. The vehicle will be marketed as the Opel Ampera on European markets.
Renault/Nissan and Daimler have also formed an alliance on E-Vehicles.