Springo's first model is an EV based on the Chevy Sail U-VA.

General Motors and China's SAIC Motor Corporation have traveled to the Guangzhou Motor Show to launch a new joint-venture dubbed Springo.

The brand's first car is a compact EV called Sail that shares most of its sheet metal with the Chevrolet Sail U-VA, a small hatchback that is sold in several countries throughout Asia. Although badged as a Springo, the electric Sail borrows a large amount of styling cues from Chevrolet's global design language.

Inside, the Sail is noticeably better equipped than its Chevrolet counterpart. Its dashboard features a large color touch-screen that allows the occupants to control the infotainment system and check how much juice is left in the battery. The car can be ordered with Shanghai On-Star.

Under the Sail's hood hides an electric motor that sends a maximum of 114 horsepower and 376 lb-ft. of torque to the car's front wheels. This enables the hatchback to reach 62 mph from a stop in ten seconds and go on to a top speed of 80 mph.

The motor gets electricity from a liquid-cooled battery pack that is mounted under the car's floor. Fully rechargeable in seven hours, the pack gives the Sail a range of 80 miles in mixed driving conditions and up to 124 miles if it is operating at a constant 37 mph.

Slated to go on sale next year in China, the Springo Sail will be sold through a brand new network of dealers called Drive to Green and will carry a base price of 258,000 yuan, a figure which converts to roughly $42,000.