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