#SAIC-GM-Wuling

QOTD: Would You Ever Consider China's Best-Selling EV?

While Tesla’s Model 3 sedan is supposedly taking the world by storm, some hot competition has been reported in China. The Hongguang MINI EV has eclipsed the offspring of Elon Musk to become the country’s best-selling electric vehicle. Though at just 28,800 yuan ($4,200), it hardly seems a fair comparison. Tesla’s minimalist sedan is larger and costs roughly 10 times what SAIC Motor, General Motors, and Liuzhou Wuling Motors decided the MINI EV was worth.

That’s right, it took the combined strength of three automakers to birth this baby and we’re wondering what it would take to get you to drive one home if they were offered here.

Matt Posky Sep 08, 2020

Recent Comments

Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
28-Cars-Later I cannot remember what happens now, but there are whiteblocks in this period which develop a "tick" like sound which indicates they are toast (maybe head gasket?). Ten or so years ago I looked at an '03 or '04 S60 (I forget why) and I brought my Volvo indy along to tell me if it was worth my time - it ticked and that's when I learned this. This XC90 is probably worth about $300 as it sits, not kidding, and it will cost you conservatively $2500 for an engine swap (all the ones I see on car-part.com have north of 130K miles starting at $1,100 and that's not including freight to a shop, shop labor, other internals to do such as timing belt while engine out etc).
28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.
Zelgadis Elantra NLine in Lava Orange. I will never buy a dirty dishwater car again. I need color in my life.

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QOTD: Would You Ever Consider China's Best-Selling EV?

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