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GM rolls out China-developed electric car in world’s top auto market

(Reuters) – General Motors Co (GM.N) rolled out its first China-developed electric car at the Guangzhou autoshow on Thursday as it ramps up its green car push in the world’s largest auto market.

The Sail Springo EV, with a starting price tag of 258,000 yuan ($41,400), will be initially available only at GM’s dealer outlets in Shanghai, the U.S. automaker said in a statement.

The car, developed and built by GM and its partner SAIC Motor Corp Ltd (600104.SS), has a range of 130-200 kilometres and a top speed of 130 kilometres per hour.
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