GM’s joint venture SAIC-GM-Wuling (SGMW) is launching an updated Wuling Hongguang Mini EV in China. Once the best-selling EV in China, with starting prices around $4,000, sales of the mini EV have slipped as new competition enters the market. The company hopes an updated model can help turn things around.
After hitting the market in 2020, the Wuling Mini EV quickly climbed the sales charts in China. In 2021, the electric mini car topped Tesla’s Model Y to become the top-selling EV in China.
Despite its extremely small size at just 2,918 mm long, 1493 mm wide, and 1,621 mm tall, starting at just $4,000 (28,800 yuan), the mini EV was hard to pass up.
However, that was over three years ago, and China’s auto market is moving quickly. New competition has led to aggressive EV price cuts from market leaders like BYD, making it hard for foreign automakers to keep up.
It looks …