Posted on: April 23, 2021 Posted by: Betty Lee Comments: 0

Wuling Motors unveiled a convertible mannequin of its extremely common finances mini electrical automotive on the Shanghai auto present in April 2021.

Evelyn Cheng | CNBC

SHANGHAI – Common Motors‘ three way partnership in China is launching a miniature electrical convertible beneath a low-cost model that has soared in recognition within the final 12 months.

Referred to as the Hongguang Mini EV Cabrio, the convertible will start mass manufacturing subsequent 12 months, in accordance with a launch. Particulars on pricing and availability weren’t accessible on the time of the car’s unveiling on the Shanghai auto present this week.

The automotive is the newest from the favored Hongguang Mini EV line developed by Common Motors‘ three way partnership with Wuling Motors and state-owned SAIC Motor. GM China has a 44% stake, whereas SAIC holds 50.1%, in accordance with GM’s web site.

The preliminary Hongguang Mini EV launched in July with a beginning worth of only a couple thousand U.S. {dollars}. It has offered greater than 270,000 models over 270 days, in accordance with the corporate.

That Mini EV was second solely to Tesla’s Mannequin 3 by the variety of new power vehicles offered in China final 12 months and climbed previous it into first place through the first quarter, in accordance with figures from the China Passenger Automotive Affiliation.

One other new mannequin from Hongguang Mini EV, the Macaron, has obtained greater than 45,000 orders in simply 10 days, in accordance with a launch.

Common Motors and its joint ventures delivered greater than 780,000 automobiles in China within the first quarter of 2021, with the Hongguang Mini EV accounting for about 9%, in accordance with GM.

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