Caixin
Jun 07, 2018 04:12 AM
BUSINESS & TECH

General Motors Doubles Bet on Electric Cars in China

China accounted for more than half of global electric vehicle sales last year. Photo: VCG
China accounted for more than half of global electric vehicle sales last year. Photo: VCG

General Motors announced plans Tuesday to launch 10 more new-energy vehicle models in China from 2021 through 2023, doubling the 10 it has already planned for 2016 through 2020.

The world’s largest automaker is the latest to extend its electric-car investments in China as the world’s largest auto market aims to gradually phase out fossil-fuel-powered vehicles.

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