This tiny $4,500 EV with just 27 horsepower is crushing the Tesla Model 3 in China (TSLA, GM)

Published May 16 2021 at 5:00 PM GMT
  • A tiny bargain-bin electric car is crushing the Tesla Model 3 in one of the US carmaker's most crucial markets.
  • In April, the Wuling Hong Guang Mini EV was China's most popular EV, selling 26,592 units, according to the China Passenger Car Association.
  • Elon Musk's automaker came in second, moving 6,264 Model 3 sedans in China over the same period.
  • The Mini EV was launched in July through a joint venture between GM and two Chinese companies: Wuling and SAIC.
  • The model starts at the equivalent of around $4,500, but a fully-loaded version will run you $6,000.



  • Published May 16, 2021 5:00 PM GMT