In depth: Cheap China EV selling twice as fast as Tesla Model 3

Just launched Wuling Hongguang Mini proves popular in less affluent regions

20201015NY Wuling Mini EV

The Wuling Mini EV is "small on the outside, big on the inside" and is ideal for urban commuting and parking in tight spaces, the producer says. (Photo courtesy of GM)

LU YUTONG and AN LIMIN, Caixin

When it launched in April, Tesla's Model 3 was the hottest new-energy vehicle (NEV) in China.

But last month, a closely watched monthly sales report from the China Passenger Car Association (CPCA) showed a shift. At the top of the NEV rankings with 15,000 sales for August was a two-door, four-seat battery-powered mini car, retailing at just one-tenth the price of the cheapest Model 3.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.