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Can China’s Most Popular EV Conquer Europe?
A new US$4,400 China-made city car overtook the Tesla Model 3 as the best-selling electric vehicle (EV) in China this August, and has been the top-selling EV in the world’s largest automotive market since then. Wuling, a Chinese joint venture of General Motors, SAIC Motor, and Liuzhou Wuling Motors, launched the Hong Guang MINI EV in July. The car has limited range capabilities and a top speed of just 60 mph, but it has been selling like hot cakes in China due to its affordability. The starting price of the Hong Guang MINI…
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