China is poised to become the largest EV market in the world, thanks in part to GM’s joint venture with Chinese automaker SAIC.
China is a key market for GM’s electrification solutions. Our joint venture with Chinese automaker SAIC will position GM well to compete in the largest market for EVs in the world. By 2019, sales in China should meet the country’s new energy vehicle (NEV) production quotas without the need to buy credits. The growth of our Chinese fleet will allow us to drive EV scale and efficiencies not only in China, but across the globe.
Between 2016 and 2020, we plan to roll out at least 10 NEVs in what is the world’s largest automotive market today. These vehicles include the Cadillac CT6 Plug-In, the Buick Velite 5 extended-range EV and the Baojun E100 EV. By 2025, nearly all models from GM’s global brands in China—Buick, Cadillac and Chevrolet—will offer electrification technology. To support GM’s growing NEV fleet planned for China, SAIC-GM, a joint venture between GM and SAIC, recently opened a new battery assembly plant in Shanghai.
At Auto Shanghai 2017, Chevrolet gave customers a glimpse of a new hybrid-electric crossover with the FNR-X all-purpose sports concept vehicle. Developed at GM’s Pan Asia Technical Automotive Center (PATAC), a joint venture between GM and Chinese automaker SAIC, the FNR-X can switch between two driving modes: V (Versatility) and S (Sport). Sport mode lowers the vehicle, modifies the suspension and adjusts spoilers and side skirts to reduce drag.
GM China Science Lab helps drive automotive industry forward with open innovation system.
Baojun E100 EV.