Canindia News

General Motors launches new electric vehicle in China

Chicago, Feb 21 (IANS) General Motors (GM) on Thursday launched the Chevrolet Menlo sedan in China, the brand’s first fully electric vehicle in the world’s largest EV market.

The sporty-looking hatchback was also the third EV that GM rolled out in China, following the Buick Velite 6 EV and Baojun E-series, all produced by joint-venture partnerships in China, the Xinhua news agency reported.

According to GM, the Chevrolet Menlo will be initially offered in Beijing, available in four variants priced from 1,59,900 yuan to 1,79,900 yuan ($22,800 to $25,700) after national subsidies for new energy vehicles.

“Along with being a new energy vehicle, the Chevrolet Menlo inherits Chevrolet’s sporty DNA that dates back to its founding by race car drivers,” said Scott Lawson, general director of Chevrolet for SAIC-GM, a Shanghai-based joint venture.

“It will meet the performance and styling demands of our customers and at the same time provide the efficiency that new energy vehicle owners expect,” he added.

Based on the concept vehicle of Chevrolet FNR-X, Chevrolet Menlo has a constant-speed range of up to 410 km under New European Driving Cycle (NEDC) conditions on a single charge.

GM outlined its “All-Electric Path to Zero Emissions” in October 2017, and announced a new electric offensive with 20 new all-electric vehicles to launch by 2023.

In the rapidly expanding Chinese EV market, which saw half of the world’s total sales, GM now faces fierce competition not only from local brands and European automakers, but also the American EV giant Tesla.

Tesla started delivering Model 3s made in its Shanghai Gigafactory at the end of last year.

–IANS

rs/

YOU MAY ALSO BE INTERESTED IN

IIFL dealer, 5 others barred from securities market for front running

CanIndia New Wire Service

India can become AI laboratory of the world: NITI Aayog CEO

CanIndia New Wire Service

India needs to move beyond exporting raw materials: Goyal

CanIndia New Wire Service

Growth in data tariffs, broadband reach show move towards higher ARPU

CanIndia New Wire Service

Three pvt banks in TN, Kerala hit headlines for wrong reasons

CanIndia New Wire Service

Stimulus, healthy macros expected to lift markets (IANS Equity Outlook)

CanIndia New Wire Service

‘CIRP threshold against personal guarantors should be raised’

CanIndia New Wire Service

Unscathed: Pent-up demand more sustained, predictable now, says Kia India (IANS Special)

CanIndia New Wire Service

Accounts not performing due to delay won’t be labelled NPAs: Centre

CanIndia New Wire Service

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More