GM announces China version of hybrid Volt

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)

Movie star Jackie Chan in white attends the global launch of the Buick Velite 5, an extended range electric hybrid 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)

Visitors take photos 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)

General Motors Co. has announced plans to manufacture and sell a gasoline-electric hybrid version of its Chevrolet Volt in China.

The announcement at the Shanghai auto show comes as Beijing pushes global automakers to promote alternatives to gasoline.

GM said its Velite 5 hybrid will be sold not as a Chevrolet but by its Buick unit, which has modest sales elsewhere but is GM's main brand in China.

The vehicle will be made by GM's joint venture with a state-owned automaker, Shanghai Automotive Industries Corp. Prices will start at 265,800 yuan ($38,600).