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GM to produce next-generation electric car in South Korea: executive | Fox Business

SEOUL – General Motors Co (GM) will produce its next-generation electric cars in South Korea, the head of its South Korean unit told Reuters on Thursday, as the U.S. carmaker tries to revive momentum for the stalling vehicle technology.

Sergio Rocha, CEO of GM Korea, gave no time frame for the launch of the new vehicles, but said they would be slightly bigger than the Spark small car and use a thoroughly new design, unlike the Spark EV which was based on an existing gasoline engine model.

GM will continue working with South Korea’s LG Chem Ltd <051910.KS> to supply batteries for its second generation of electric vehicles, which will be produced at GM’s plant in Bupyeong, near Seoul, he added.



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