Tiny EV Outsells All Others
March 22, 2021—The Hong Guang Mini EV outsold all others in the battery-electric vehicle segment in January and February worldwide, reports The Verge. It beat the Tesla Model 3 by about 15,000 units sold during that period.
Stakeholders in its production include Chinese state-owned SAIC Motor, Wuling Motors and General Motors.
The Hong Guang sells for about $4,500, gets 106 miles or range and can reach 62 mph. Compare that to the Model 3's $40,000 price tag.