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GM to launch pure-electric cars in China by 2020

General Motors plans to launch 10 electric and gasoline-electric hybrid vehicles in China by 2020, according to a company executive. GM will start production of a pure-electric model in China within two years, Matt Tsien, president of GM China, told a news conference during the Shanghai auto show. He said GM expects annual sales of 150,000 electric and hybrid cars in China by 2020 and possibly in excess of 500,000 by 2025. On Tuesday, GM unveiled a hybrid version of the Chevrolet Volt to be manufactured in China and sold under its Buick brand. GM, which competes with Volkswagen for the status of China's top-selling automaker, reported its 2016 sales rose 7.1 percent to a record of 3.9 million vehicles.

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