General Motors has announced plans to invest $ 470 m in a Chinese JV with dong - GM - Wuling to build a factory dedicated to green energy manufacture . The plant will have annual capacity to produce 200,000 " new energy vehicles , " a Chinese term used as for electric and highly electrified cars . There is no consensus as to when the factory will be completed , but construction began on Friday .
General Motors has announced plans to invest $470m in a Chinese JV with SAIC-GM-Wuling to build a factory dedicated to green vehicle manufacture. The plant will have annual capacity to build 200,000 "new energy vehicles," a Chinese term used as for electric and highly electrified cars. There is no news as to when the factory will be completed, but construction began on Friday.