.Photo shows an electric car re-charging in Amsterdam. –
TECHNOLOGY: Recent reports say General Motors, GM, is developing an electric battery-powered car for 2017 that will sell for $30,000, about N5,490,000.
Eyeonthesports.com reports that the new initiative has not been considered for markets in Nigeria and many African countries, and it was gathered that the new car from GM could pose significant competition for Tesla and Nissan products.
GM says it would announce the new electric-vehicle initiative at the North American International Auto Show in Detroit.
A company spokesman agreed, off the record, to confirm that Chief Executive Mary Barra will indeed present a concept version of a new electric vehicle at the show.
The news of a new longer-range GM electric vehicle, the Chevy Bolt, provoked cautious skepticism among auto executives arriving early to the exposition in Detroit.