Monday 14 June 2010

GM to recharge electric car after Reva split

Calcutta, June 13: General Motors (GM) is looking forward to developing an electric car for India on its own. It had to drop its plan for the electric Spark following a break-up with Reva.
The American car maker, which is expected to launch the plug-in hybrid electric vehicle, Chevrolet Volt, in the US by the year-end, will “certainly not bring the Volt to India”.
“The country is still not ready for such plug-in hybrid vehicles. The expensive Chevrolet Volt may get few Indian buyers, who are fascinated to drive a green car. It will certainly not be a huge success in a sensitive market such as India,” GM India vice-president (marketing, sales and after sales) Ankush Arora said.
In March, GM had said the eSpark would not reach customers by the promised date. It had also moved part of its operations back to Detroit, in an early sign of its faltering partnership with Reva.

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