General Motors and Daimler AG on Tuesday amped up the electric-car price war, announcing significant price cuts aimed at boosting demand in a still-sluggish segment of the US auto market.
GM slashed $5,000 from the price of its 20
US auto brand Chevrolet will launch the production version of the Chevrolet Volt, which belongs to a new class of vehicles known as the extended-range electric vehicle (E-REV), at the ongoing 10th Dubai International Motor Show.
The Chevrolet Volt, the electric car General Motors Co is counting on to revitalise its lineup, is on track to achieve an unprecedented fuel economy rating of 230 miles per gallon in city driving, GM said.
GM's chief executive Fritz Hender
The award-winning Chevrolet Volt Concept car is creating great excitement within and outside the motoring community.
The new car was a hit at Detroit Motor Show in January this year and continued its good showing in Canada and more recentl