US car maker General Motors (GM) today said it would either launch or showcase an electric vehicle in the Indian market next year, but ruled out competing with the Tata Nano on price.

GM President and MD Karl Slym said, “I would like to say that you will start to see opportunities for sale (electric vehicle) or demonstration (in India) next year.”

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New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end flat - Turbulence ahead for airlines despite oil price drop - Weak rupee may bring cheer to NRIs, expats - LIC buys PSU stocks, sells pvt sector blue-chips in Q4 - Banks may lower deposit rates as inflation eases: Report

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