GM Developing $30,000 Electric Car With 200-Mile Range for 2017

DETROIT (TheStreet) -- General Motors  is developing an electric battery-powered car for 2017 that will sell for $30,000 -- a plan that, if successful, could pose significant competition for Tesla  and Nissan  in particular.   GM declined to confirm officially leaks that broke over the weekend that it would announce the new electric-vehicle initiative Monday at the North American International Auto Show in Detroit. A company spokesman agreed, off the record, to confirm that chief executive M...