GM's Euro Electric Car Plans

With some help from the British taxpayers, General Motors is bullish about the U.K. market for its E-Flex vehicles that can be engineered for electric propulsion or petrol. How many electric cars does GM think it can sell in Europe where petrol is hovering around $10 per U.S. gallon? According to GM’s product boss Bob Lutz, the automaker believes it could move as many as 30,000 units in the first year of availability, with the worldwide figure of one million by 2020.