SAIC-GM president Wang Yongping announces the global launch of the Buick Velite 5, an extended range electric hybrid, during a global launch event ahead of the Shanghai Auto 2017 show in Shanghai, China, Tuesday, April 18, 2017. At the auto show, the global industry's biggest marketing event of the year, almost every global and Chinese auto brand is showing at least one electric concept vehicle, if not a market-ready model. (AP Photo/Ng Han Guan) (The Associated Press)
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SHANGHAI – In a story April 22, The Associated Press reported that General Motors Co. expects annual sales of electric vehicles to reach 150,000 by 2020 and possibly surpass 500,000 by 2025. Those figures include GM's Buick, Cadillac and Chevrolet brands but not the Baojun brand made by its SAIC-GM-Wuling Automobile joint venture, for which it says a forecast will be announced later.