Written by Kfir Kedem – March 01, 2021
Reviewed by Asaf Kedem
Tesla opened its production facility in Shanghai to become competitive in the Chinese EV marketspace. They still have some steep competition to overcome, as local SAIC Motor have already been locally producing electric vehicles for years. SAIC Motor’s vehicle line is inclusive of many different passenger and commercial vehicle types.
SAIC Motor is also partnered with GM in the company Wuling. One of the cars that they have produced together is the Hong Guang Mini EV. As the name suggests, it is a compact and fully electric passenger vehicle. The top speed is only 100 km/h, however, it is suitable for urban life on a budget with a whopping price tag of only £3,200.
When compared with Tesla’s sales, there is no competition as SAIC Motor sold 25,778 cars in January in comparison to the 13,843 of Tesla’s Model 3. Additionally, the price of a Tesla Model 3 costs the customer £27,000. A big difference from the budget-friendly Hong Guang Mini EV.
Auto Trendy’s take:
Putting aside any quality differences, the incredibly low-price tag of the Hong Guang Mini EV is definitely attractive. There is no surprise that it overtook the Model 3 sales due to the major price difference alone. With news of the car potentially being sold outside of China, it would be interesting to see how many people living in urban environments would enjoy the switch to such a low-cost yet fully functional car.