General Motors to build electric car with 200-mile range at factory north of Detroit

Economic Indicators Associated Press

General Motors says it will build an electric car with a 200-mile range at a factory north of Detroit.

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The small hatchback will be based on the Chevrolet Bolt concept car shown at the Detroit auto show last month. GM has said it will be built in 2017 at a factory in Orion (ORE-eee-UN) Township, Michigan. It will cost around $37,500 before a $7,500 federal tax credit.

The car is designed to compete with Silicon Valley automaker Tesla Motors, which plans to start selling a 200-mile, $30,000 car about the same time.

GM says it hasn't determined how many jobs the new car will bring to the factory, which has about 1,700 hourly workers.