GM plans cheaper electric car to rival Tesla

Can GM capitalize on a cheaper, long-range EV?

General Motors says it's working on creating a cheaper, long-range electric car to add to its lineup of EVs.

According to the Associated Press, Doug Parks, a top GM executive, said the company wants to build an electric car that can travel over 200 miles per charge and cost around $30,000.

The car's battery range would approach the range of the Tesla Model S which can travel over 250 miles on a single charge but costs over $70,000. The unnamed car's most direct competitor will likely also come from Tesla which is also expected to release a Model E in the $30,000 range.

While GM didn't release a timeframe for the planned car, it did announce this week that it has tripled the size its battery research and development lab at its headquarters in Michigan.

Read more: Associated Press

Photo: Flickr/Argonne National Laboratory

This post was originally published on


You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
See All
See All