SHANGHAI - As for volt, GM still plans to begin importing the unit in small quantities in the near future. GM still hopes the Chinese government would provide incentives for the product in the future.
"The new technology is expensive and risky. We will assemble with partners, reduce risk, including development costs and bring technology to customers faster," said Girsky.
General Motors have objections with respect to the regulation of transfer of technology from the Chinese government. Even so, the world's largest automaker was willing to pass on American technology through electric cars, but not with the Chevrolet Volt.
This decision was conveyed when GM's board of directors signed an agreement with SAIC in collaborative projects in Shanghai, as reported by autonews. GM Vice Chairman Steve Girsky said, both sides agreed to set up a joint company with ownership of shares of 50:: 50 to develop electric vehicles in China.
Any electric car that was created together will make use of the Pan-Asia Technical Automotive Center (PATAC), the house designs which also owned the two principals. Products developed, explained by Girsky, GM Vice Chairman, confirmed the new model, not the adaptation of existing models today.
General Motors still hopes the Chinese government would provide incentives for the product in the future
