Sep 29, 2009

GM to sell cheap electric cars in India???

Guess where your GM gov grants and bailout cash went to... to put a affordable electric on foreign soil.
Yep Europe gets 50mpg + GM vehicles, India gets a $5,000 electric and you get 30mpg and a $40,000 volt.
Wish I was kidding.

Guardian:

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.

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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"...read on here