Wuling Motors unveiled a convertible mannequin of its extremely common price range mini electrical automobile on the Shanghai auto present in April 2021.
Evelyn Cheng | CNBC
SHANGHAI – Normal Motors‘ three way partnership in China is launching a miniature electrical convertible beneath a low-cost model that has soared in reputation within the final yr.
Known as the Hongguang Mini EV Cabrio, the convertible will start mass manufacturing subsequent yr, in keeping with a launch. Particulars on pricing and availability weren’t accessible on the time of the automobile’s unveiling on the Shanghai auto present this week.
The automobile is the newest from the favored Hongguang Mini EV line developed by Normal Motors‘ three way partnership with Wuling Motors and state-owned SAIC Motor. GM China has a 44% stake, whereas SAIC holds 50.1%, in keeping with GM’s web site.
The preliminary Hongguang Mini EV launched in July with a beginning worth of only a couple thousand U.S. {dollars}. It has bought greater than 270,000 models over 270 days, in keeping with the corporate.
That Mini EV was second solely to Tesla’s Mannequin 3 by the variety of new vitality automobiles bought in China final yr and climbed previous it into first place in the course of the first quarter, in keeping with figures from the China Passenger Automobile Affiliation.
One other new mannequin from Hongguang Mini EV, the Macaron, has obtained greater than 45,000 orders in simply 10 days, in keeping with a launch.
Normal Motors and its joint ventures delivered greater than 780,000 autos in China within the first quarter of 2021, with the Hongguang Mini EV accounting for about 9%, in keeping with GM.
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