As the 2012 Guangzhou Auto Show opened to journalists today, Shanghai-GM announced the release of its first all-electric model, the Springo Sail EV. The production version of the Sail EV concept showcased two years ago, it sells for 258,000 Yuan (US$413,800) before incentives.
A pure-electric version of the Chevy Sail hatchback, the Springo EV is equipped with a 22kwh lithium-ion battery pack, supplied by GM. The electric motor can develop up to 85kw of power. Taking 7 hours to fully re-charge in the standard mode, the electric Sail has a top speed of 130km/h and a driving range of bout 150km.
Buyers of the EV can get a 54,000-Yuan subsidy from the central government and an additional amount up to 100,000 Yuan from local ones.