Friday, September 25, 2009

GM to sell cheap electric cars in India

US firm announces joint venture with Reva, the firm behind the G-Wiz, but experts say demand will be low because Indian electricity supplies remain unreliable

General Motors, one of the world's biggest carmakers, and the Bangalore-based company behind the G-Wiz electric car have announced a joint venture to produce "affordable" electric cars in India.
The new vehicle, which has been road-tested, will be based on GM's popular Spark hatchback, which in India costs a quarter of a million rupees (£3,000). Neither GM nor its partner, Reva, would be drawn on the electric version's price tag, though both said it would be "competitive and affordable".



A Reva electric car is seen on display at the Reva Electric Car Co. headquarters in Bangalore, India, 









































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