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Jan 16, 2012    08:23:35 AM                                

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beast
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GM deal moves electric car development to China -- a 'shakedown'?
« Jan 05, 2012    12:04:37 AM »

GM plans to start exporting Michigan-made Volts to China by year's end, but isn't likely to sell many. The Chinese government is pushing electrics with a subsidy that amounts to about $19,000 per car -- but only if the car is made in China. No imports allowed. There also are tariffs on cars imported to China, which lawmakers argue are unfair and may violate world trade rules.

Girsky hinted that the Volt could eventually be built in China. "If we localize, eventually it won't have a tariff and it will get the subsidy. We have made no decision on if, when or where we build Volt in the future."

GM deal moves electric car development to China -- a 'shakedown'?

Source: http://content.usatoday.com/communities/driveon/post/2011/09/gm-cuts-china-electric-car-deal----a-china-shakedown/1

   
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