GM to launch electric vehicles on its own

After passing on the official word that the Indian subsidiary of the American automaker General Motors will be ending its tie-up with Reva, the company further said that it will be developing the electric vehicles on its own at its Headquarters at Detroit.
The announcement came after the electric car company; Reva sold its majority stake to the Indian conglomerate, Mahindra & Mahindra. The India head of the GM’s operations, Karl Slym has recently said that the company does not see any value now in its agreement with Reva and would like to go alone in the electric car market.

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