General Motors China President Sees China As A Bigger Market For Electric Cars Than U.S.

MAY 5 2016 BY MARK KANE 24

Cadillac CT6 plug-in

Cadillac CT6 plug-in

Chevrolet Bolt EV

Chevrolet Bolt EV

Matt Tsien, president of GM China, revealed that as far as the General is concerned, China could be an even larger market for electric cars than the U.S.

“China is potentially a larger market for EVs, period.”

GM is entering the Chinese New Energy Vehicle  (the terminology for plug-in vehicles locally) market with the new/locally made in China, Cadillac CT6 PHEV –a Volt on steroids“, which later will be imported to the U.S. – truly a rarity these days.

There is still no official statement that the Chevrolet Bolt EV will be offered in China.

By 2020, GM and joint venture partner SAIC plan to launch 10 “electrified” models in China (Chevrolet, Cadillac and Baojun), so odds are that the Bolt EV, or a Bolt-variant, will arrive at some point.

During the interview Tsien would not confirm rumored plans of a plug-in hybrid version of the Buick Envision that goes on sale this summer in the U.S., but is also produced in China – but we still think that is a solid bet, as GM China debuted the Envison hybrid at last year’s Shanghai show, and suppliers to GM have said that a production version “could come to the United States as early as 2017”.

source: Automotive News

Categories: Cadillac, Chevrolet, China, General

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24 Comments on "General Motors China President Sees China As A Bigger Market For Electric Cars Than U.S."

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RexxSee

It’s a bigger market because of the big population and the green politics. In the US (and Canada) there is a constant Big Oil pressure on the politicians and rule makers.
Let alone the omnipresent misinformation in the media.

Elon Musk: ‘people have to revolt against the propaganda of the fossil fuel industry which is unrelenting and enormous’

Speculawyer

Its a bigger market because the government has enough power to do what they want to do.

And what they want to do is:
1) Not let China become too dependent on foreign oil.
2) Clean up their disgusting polluted cities by reducing automobile pollution.
3) Meet their climate change commitments.

Probably in that order of importance.

beta995

They don’t have a corporate-oil-controlled Republican party.
The US will be LAST in Solar and Wind deployment, especially in Red States.

Guaranteed.

Except in Texas.
They let Texas have the jobs, and then shut down the green industry in all other Red States, monopoly control.

Ocean Railroader

I think GM Will be more then happy to start moving car production over to China if they could.

Bacardi

Makes sense to me…America loves performance, quicker than the Volt/Bolts 0-60 times, Camaros, Hellcats, Vette’s and Ludicrous Tesla’s…

China’s charges a lot in tariffs to import foreign cars…Heck, maybe the could get the cost of the Bolt down several grand…They need to do something to make their product more compelling…

Mad

One reason, BYD. They are the Tesla of China, and they seem to be ramping up much faster.

The market is just as big in the US. There aren’t the same type of options here though.

Trollnonymous
Speculawyer

Rename the Chevy Bolt to the Buick Lightning and sell it in China.

Mister G

Or the Chevy Dragon

Trollnonymous

That would be…

Or
Lóng

I think you’re on to something there!!!

Speculawyer

Buick! That’s the hot brand in China. Yeah, who knows?

Pushmi-Pullyu

Given the high demand for foreign-made cars in China, I could easily believe the demand for Buicks is stronger than it is in the USA. And look at some of those Chinese car designs! They seem to like big grilles.

Jychevyvolt

30,000 Chevy bolt, used for lyft, will reduce more pollution than 100,000 Tesla model s.

floydboy

Bula bula!

Nix

China will bury us.

Pushmi-Pullyu

I wonder how many people get the reference? 🙂

Didn’t work out very well for Comrade Khrushchev, did it. *snort*

Nix

*grin*

Here’s another one for you:

Our leaders are stupid. China’s leaders are much smarter [for pushing more EV sales than the US]

[the last part is mine…]

Kevin C

Comrade Kruschev was angry when he pounded the podium with his other shoe,

“Who stole my shoe!” he seathed.

SJC

China may bury itself, there are 800 million people who will never ride the gravy train.

Pushmi-Pullyu

“China is potentially a larger market for EVs, period.”

Why is this news? GM’s largest market for its gasmobiles is already China. Why would any informed person doubt the same will be true for plug-in EVs?

If this is really the first time a GM spokesman acknowledged that reality, then the news here isn’t that he said it; the news is that it took GM so long to acknowledge what is so obvious.

Nix

Especially Buick. Over a million Buick’s sold in China, while Buick struggles to hit 200K in sales in the US.

Talon

How can something be *potentially* a larger market… period?

Terawatt

The whole piece was pretty stupid, but that took the cake. 🙂

Pushmi-Pullyu

Well, you see, you take a really big box, and put China in it, and then you do a Schrödinger’s cat experiment with it.