General Motors’ joint venture in China is launching a small electric convertible under a low-cost brand that has taken off in popularity in the last year.
Called the Hongguang Mini EV Cabrio, the convertible will start mass production one year from now, as indicated by a release. Subtleties on pricing and accessibility weren’t accessible at the time of the vehicle’s disclosure at the Shanghai auto show this week.
The vehicle is the most recent from the well known Hongguang Mini EV line created by General Motors’ joint venture with Wuling Motors and state-owned SAIC Motor. GM China has a 44% stake, while SAIC holds 50.1%, as per GM’s website.
The initial Hongguang Mini EV launched in July with a beginning cost of only a few thousand U.S. dollars. It has sold in excess of 270,000 units more than 270 days, as per the organization.
That Mini EV was second only to Tesla’s Model 3 by the number of new energy vehicles sold in China a year ago and moved past it into first place during the first quarter, as per figures from the China Passenger Car Association.
Another new model from Hongguang Mini EV, the Macaron, has gotten in excess of 45,000 orders in only 10 days, as per a release.
General Motors and its joint ventures delivered in excess of 780,000 vehicles in China in the first quarter of 2021, with the Hongguang Mini EV representing about 9%, as per GM.