Chevrolet EV to roll out by mid 2011

Chevrolet-EVGeneral Motors is setting up to bring in an electric car brand in India in the coming year. The group has reported a Year-on-Year development of 76 percent and is fairly hopeful regarding Indian market. The latest car model will be cost-effectively priced separately from being mileage- competent.

General Motors has by now meet hands with Chinese car manufacturer SAIC (Shanghai Automotive Industry Corporation) to manufacture electric cars for the international market. The India electric car shall be put on with in the vicinity sourced machinery as well. Thus, the car shall not put up with a Chinese label however will be a made-in-India label.

According to Karl Slym, CEO GM India, they have by now obtained approximately $550M worth of machinery in the previous two years. Components comprise of primitive metal parts from approximately 250 vendors in India out of which 72 are just for supply to equally Indian as well as GM plants overseas.

He further added that for domestic process, GM has obtained $356 million value of machinery up to now. It is yet not cloudless whether General Motors is setting up to bring in Chevrolet Spark EV as originally intended with Reva Electric or a totally latest Chevrolet Volt.