SAIC, China’s largest state-controlled automobile company, has established Hong Kong mini electric car market in China as a joint venture with American carmaker General Motors. This small EV has taken a big lead in the electric vehicles market, ending Tesla’s dominance.
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What is the cost of this EV?Two models of Hong Guang Mini are in the market. Of these, the price of low end model is only around three and a quarter lakhs, while the high end model is more than 3.6 lakhs. This clearly means that the market of Tesla’s expensive cars has become disastrous. Last month’s figures show that this budget mini car has sold almost twice as many cars as Tesla.
Tesla’s EV sales in China were overtaken by Hong Guang Mini.
Is this a compromise with car quality?
According to car experts, when it comes to battery, range and performance, the Hong Guang Mini budget clearly looks much lower than the Model 3 cars of EV Tesla. But due to its very low price and convenience, it has been covered in the market. Now let us tell you about the features of this car launched last year.
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What are the special features of the car?
* The maximum speed of the basic model is 100km / h.
* Four people can sit in this car with a lot of difficulty.
* Its length is more than 9 feet, then the width is about 5 feet.
* This 665 kg car has 4 seats and 3 doors.
* Power drive system and electric as well as fuel option is also available.
Comparison with Model 3?
In January 2021, 25,778 mini EV cars were sold in China, while Tesla’s Model 3 cars sold 13,843. Until this time last year, Tesla was the number one EV car seller company in China. The Hong Guang Mini EV sold 112,000 cars in the last six months of 2020 and lagged behind Tesla with this figure, but the figures for January this year suggest that the Mini has overtaken.
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It is also being said that after the domination in China, Hong Kong Mini has come in at number two after Model 3 in the worldwide electric cars market and the Chinese company is now gearing up to sell it abroad. It is being said that a Latvian company can sell this Chinese car in Europe. Also, the cost of this car for Europe can be double the current price in China.