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After bailout, GM to move Volt production to China?
Beijing pushing electrics with $19,000 subsidy per car ... if made locally
WND
1/5/2012
Original article published 11/5/2012 on 'The Blaze
http://news.yahoo.com/receiving-bail...020507979.html
"Although it happened back in September, 2011, it appears many American taxpayers are unaware that General Motors struck a deal in Shanghai wherein the company has agreed to develop an electric vehicle (EV) platform with its longtime Chinese partner SAIC.
What else was included in this deal? GM has agreed to effectively move all future EV development to China. It could also mean that production of the vehicle itself will be moved overseas."
The WND article is linked below:
http://www.wnd.com/2012/01/after-bai...tion-to-china/
Beijing pushing electrics with $19,000 subsidy per car ... if made locally
WND
1/5/2012
Original article published 11/5/2012 on 'The Blaze
http://news.yahoo.com/receiving-bail...020507979.html
"Although it happened back in September, 2011, it appears many American taxpayers are unaware that General Motors struck a deal in Shanghai wherein the company has agreed to develop an electric vehicle (EV) platform with its longtime Chinese partner SAIC.
What else was included in this deal? GM has agreed to effectively move all future EV development to China. It could also mean that production of the vehicle itself will be moved overseas."
The WND article is linked below:
http://www.wnd.com/2012/01/after-bai...tion-to-china/