GM reluctantly postpones its electric vehicle processing plan in China due to battery quality failure

On August 30th, according to foreign media reports, General Motors' plan to increase production of electric vehicles in the Chinese market was blocked. According to a person familiar with the matter, internal inspections showed that the batteries supplied by A123Systems failed. Reaching GM's own quality standards delayed the above-mentioned processing plan. GM originally planned to start processing the plug-in hybrid version of the Buick Velite6 next month. This car is a local version of the Volt, and the pure electric version is scheduled to be processed early next year. According to a person familiar with the matter, internal detection revealed that the battery supplied by the lithium-ion battery company A123Systems failed to meet GM's own quality standards, which delayed the above-mentioned processing plan. Foreign media said that the electric car battery is a very complicated accessory and cannot be easily replaced, which means that the launch time of Velite6 will face a long delay. According to previous media reports, Buick Velite6 will be equipped with Buick’s latest eMotion electric drive technology. The pure electric VELITE6 uses a new generation of pure electric drive system, and the plug-in hybrid VELITE6 uses a high-performance PHEV plug-in hybrid system. According to Buick's official website in my country, the new energy vehicle Velite5 currently on sale starts at 265,800 yuan. At the close of trading on Wednesday, General Motors shares fell 0.54% to US$37.12, with a total market value of approximately US$52.372 billion.