Automakers have been saddling up for a future EV-boom in China, and with current market trends, General Motors has decided to start making moves as well.
A Reuters report states that GM and its joint venture partners have earmarked $470 million USD for a manufacturing facility that will be designated to build “new energy” vehicles, such as those featuring electric propulsion systems. This could mean anything from the Chevrolet Volt, to the Chevrolet Bolt EV, or the something like the Sail EV Concept (pictured above).
Construction on the new plant is said to have begun Friday, August 22, in the southwestern province of Guangxi. We still haven’t received word on what models will be produced at the new plant, but there are plans to produce 200,000 vehicles annually from the new facility.