General Motors on Monday has officially announced that the Volt electric car will go on sale at 13 Shanghai GM Chevrolet dealerships in eight Chinese cities.
The vehicle will start be priced at RMB 498,000 ($75,533) and will be available in Beijing, Shanghai, Hangzhou, Suzhou, Wuxi, Guangzhou, Shenzhen and Foshan.
GM will be the first of the world’s largest automakers to sell a plug-in car in China, with Daimler and Nissan planning to follow in its footsteps.
With its onboard engine-generator, Volt has a total driving range of 570 kilometers in extended-range mode. It produces peak torque of 370 Nm and maximum power of 111 kW and has a 0-100 km/h time of about nine seconds along with a top speed of 160 km/h.
The announcement comes shortly after Volt was named the most fuel efficient vehicle with a gasoline engine.
According to Boston Consulting, it appears that Chinese consumers are more receptive to the technology than their U.S. and European counterparts, with more than 90 percent showing interest