After being hit by bankruptcy last year, General Motors has overcome the bad time and is now sailing across the world. It recently launched a new sedan Chevrolet Sail in the Chinese market in association with Shanghai GM and the Pan Asia Technical Automotive Center (PATAC), both being GM-SAIC joint ventures. The concept car model, Chevrolet Sail, was displayed in Shanghai Auto Show in 2005. The company has informed that the car will be exported to other emerging markets as well. The statement is seen as an indication of its launch in India as well. However, the company has not confirmed the India launch. The Sail EV isn't approved for production but there is a strong possibility of it arriving in India next year in the prototype form. GM India has said it will display a concept EV in April 2011.