General Motors has announced that it will partner with China’s SAIC Motor Corporation on the development of an all-new electric vehicle. The final product will be sold in China under the SAIC brand, but GM will benefit from the deal by having a new electric vehicle platform which can be used to spawn new vehicles in other global markets.
The new EV will be developed at SAIC and GM’s Pan Asia Technical Automotive Center in Shanghai, where teams from both companies will work together to develop key components of the vehicle’s structure. Of course, it’s still unclear exactly what type of vehicle will come from this partnership, though GM notes that this partnership’s work was previewed by the Sail concept that debuted late last year. Hit the jump for the official press release.