US car-maker General Motors [ Images ] on Friday said it would either launch or showcase an electric vehicle in the Indian market next year, but ruled out competing with the Tata Nano [ Images ] on price point.
The President and Managing Director of GM India [ Images ], Karl Slym, said here: "I would like to say that you will start to see opportunities for sale (electric vehicle) to you or demonstration (in India) next year."He said this electric vehicle would be a "pure" GM car and not in collaboration with any other player. Asked if GM plans to launch a car to directly compete with the Tata Nano, Slym told reporters on the sidelines of the Karnataka [ Images ] government-organised Global Investors' Meet here, "It's true that we are looking at (launching) cars in various different segments." But he added, "I don't think it's fair to say we are trying to launch a Nano."
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