How's That Going To Work? GM Attempts To Pawn Off Slow Selling Volt In China At Twice the Price

General Motors' electric-vehicle efforts in China are still in their infancy, with low sales of the Chevrolet Volt plug-in hybrid car, but it intends to be a player in that market as it grows, an executive for the U.S. automaker said on Friday.

While Volt sales are minimal -- partly because Chinese import duties push the price to almost double the just-under $40,000 cost in the United States -- GM is counting on the vehicle to establish the automaker's presence as it rolls out similar alternative-energy vehicles in the future, said Ray Bierzynski, head of GM's electric vehicle strategy in China.

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