GM plans to have Chevy Volt to produced in China
We mentioned a while back about the growing number of cars making its way into China. But apparently, cars aren’t the only ones infiltrating the world’s most populated country.
So are car factories.
We recently got word that General Motors, in an effort to build their brand on overseas markets – especially in China and Asia – will begin making the Chevrolet Volt extended-range electric car in China starting in 2011.
Now it seems that tapping into the largest market in the world is a sound strategy for GM, especially after going through its worst crisis in company history. The Detroit-based manufacturer is expected to use its China facility to continue building on its revolutionary technology in a wide variety of vehicles, which includes the Volt and a host of other cars the company is trying to introduce to the vast Asian market. Unlike their dismal showing in the US, GM is hopeful that the Chinese market – the biggest in the world by a mile – will take a liking to the Volt and the slew of other vehicles they’re planning to produce in the country. As it stands, all Volts built in China are to be sold there but the company is expected to open its doors to other Asian markets as well.
Continued after the jump.
Initially, GM will export some U.S.-built Volts in 2010, but will also gradually shift its production line and facility to China in 2011, where it will begin production of the car, as well as other vehicles that use the Volt’s powertrain technology around the world.
The decision for GM to move a production facility across the Pacific hardly comes as surprising considering that China has been one country that has relentlessly and aggressively promoted both hybrid and electric vehicles, mostly because the government wants to reduce the country’s oil consumption and lessen the amount of pollution prevalent in most of its more-populated cities.
The move also makes sense for GM because China is on the initial phase of their project in emphasizing the use of alternate-fuel vehicles. The county has said that it wants at the very least 60,000 alternate-fuel cars out on the streets by 2012, and with the GM move to China coming in 2011, the car manufacturer hopes that a lot of those 60,000 cars will be Chevy Volts.
Source: Free Press