GM to Build Electric Cars in China Protect Chevy Volt Technology Fox News

10 мая 2014 | Author: | Комментарии к записи GM to Build Electric Cars in China Protect Chevy Volt Technology Fox News отключены
Chevrolet Volt Electric Cars

GM to Build Electric Cars in Protect Chevy Volt

Chevrolet Volt Chevrolet

General Motors Co. agreed to deepen cooperation with its Chinese partner on development of vehicle knowhow amid from Beijing to hand proprietary technology.

Investments and details of the plan were not and it was unclear if the agreement was the result of a push by China to acquire technology its own automakers still

U.S. lawmakers have that China is shaking GM to get the technology that drives the Volt electric car. GM to start selling the Volt in by the end of the year, but its prospects are iffy it doesn’t qualify for a Chinese subsidy that amounts to per car. The government offers the only to electric cars in China.

Lawmakers contend such are unfair and may violate world rules.

But GM spokesman Jay Cooney in said the company has not been by the Chinese government to share the technology and has no plans to share it. He GM is working with the Chinese in an effort to get the subsidy for the Volt it helps reach a government of getting more electric on the road.

The cooperation agreement was signed a meeting of the U.S. automaker’s in Shanghai — a visit underscoring importance to the company’s future. It was the GM first meeting outside of the

We can accomplish far more by working than we can by working separately, Tim president of GM International Operations, as GM and state-owned partner Shanghai Industrial Corp. signed an on developing a next-generation electric platform.

The agreement to co-develop vehicle architecture is further of GM’s and SAIC’s plan to the auto industry in new energy technology, he said, describing the as a very aggressive and challenging

Cooney said the companies work together to develop a new electric car. The Volt can about 35 miles on battery and a gas-powered generator kicks in to run the car the batteries are depleted. The generator eliminates anxiety over a driver will run out of electricity.

agreement follows an earlier of understanding on GM-SAIC cooperation in November.

The choice of China for the meeting reflects the country’s status as the world’s biggest for sales of new vehicles, despite a decline from double-digit

GM’s chairman Dan Akerson met with more than 700 at GM’s campus in Shanghai’s suburbs.

Shanghai is the site of GM’s headquarters and its highly successful with state-owned SAIC, on Monday rolled out the 5 millionth since production began in 1998.


The push for more technology reflects China’s with its continued weakness in technology, analysts say. 25 years of auto joint that require local to hold at least a 50 percent domestic automakers still lag their global rivals as struggle to master the complexities of century automotive engineering.

is not a technology leader in virtually any The country has developed around low production, said Bill president of the consultancy Synergistics

This is the irony, that the and biggest growth market has weak domestic manufacturers, he

An explosion in Chinese demand and sales in the recession-stricken West China overtake the U.S. as the car market in 2009. Last sales of passenger vehicles, large buses, jumped by a to 13.7 million vehicles.

growth in the overall market has in recent months, GM’s in China still jumped percent in August from a earlier to a record 205,885 for the month.

A large share of the company’s has come from sales of its vehicles in another venture, But strong demand for foreign-brand and sport-utility vehicles has also

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