Opel will launch long-range, affordable electric car
The company's Opel/Vauxhall unit will launch a long-range, affordable five-seat electric car called the Ampera-e in 2017. The car shares the same underpinnings as GM's other electric car, the Chevrolet Bolt.
The Ampera-e would offer a greater electric range than the vast majority of electric vehicles currently available in Europe, and offer room for five passengers and trunk space comparable to that of a compact car. The Ampera-e has its battery pack mounted flat under the vehicle floor, resulting in a roomy interior. The Ampera-e model will be more affordable than BMW's i3 electric car and will compete with Volkswagen's battery-powered e-Golf, which came out in 2014.
Opel/Vauxhall is seeking 8 percent market share in Europe by 2022, compared with 5.8 percent last year, and targeting a 5 percent operating return on sales by then.