Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

GM Australia op mulling electric car plan: report

GM Holden is considering plans to assemble 126 electric-powered Holdens at its Adelaide factory in what could be the biggest run of electric cars ever made, The Australian Financial Review reported Tuesday.

General Motors Co. GM +1.49% -owned Holden is in negotiations with the Australia’s federal government and the EV Engineering consortium chaired by former Mitsubishi chief Rob McEniry over a 70 million Australian dollar (US$73 million) plan that could lead to mass production of the vehicles.

Analysts said taxpayers may end up funding around A$15 million of the e-Holden expansion plan, which would include manufacturing 120 e-Commodores and six left-hand drive e-Caprices, the newspaper reported without saying where it got the information.

A spokeswoman for Holden said the carmaker is continuing to review possible steps in its plans with the government, but had “no announcement to make” regarding this report.
Source afr.com

Share

Leave a Reply