Leveraging its early-mover advantage in the domestic electric car space, American automaker General Motors (GM) will look to sell at least 4,000 units annually of its ‘green’ vehicle, set to hit the Indian roads next year.

The automobile giant had signed an agreement with Bangalore-based Reva Electric Car Company last month to develop an electric version of GM India’s volume driver, the Chevrolet Spark.

By the arrangement, while GM India will utilise its capability to develop platforms and take care of the manufacturing side, Reva’s experience in developing electric drive-trains and control systems will be harnessed. While the Detroit-based firm has remained tight-lipped on its investment in this project, it has indicated it will be able to recover costs if it can sell between 4,000-6,000 units of the electric Spark. More