Wuling Hongguang Mini EV Outsells Tesla Model 3 in China

by

TRENDING NOW

A new electric vehicle (EV), created from a joint General Motors (GM) venture, has already brought in tens of thousands of preorders and surpassed the Tesla Model 3, becoming China’s best-selling EV currently on the market.

The car, Wuling’s Hongguang Mini, was launched in late July and costs only $4,300 dollars, a major selling point for China’s less affluent population. It has now become China’s top-selling car according to the Wall Street Journal, and is set to compete very closely with Tesla’s Model 3, the price of which is starting at $37,600 after subsidies.

The Hongguang Mini is tiny, to be sure, but it can also seat up to four adults. It also features a trunk that can be used, though only if the back seats are folded down.

In China, Tesla recently produced 22,929 Model 3 units at its Shanghai Gigafactory. The Model 3, currently the Hongguang Mini’s largest competitor, is the world’s top-selling EV, though the Chinese EV market is likely Tesla’s most important market.

While it should come as no surprise that a vehicle as affordable as the Wuling Hongguang Mini would beat out Tesla’s Model 3 for China’s best-selling vehicle, it will be interesting to see what the future holds for the two brands.

Previous

Boring Company Approved to Expand into Downtown Las Vegas

One Year of Tesla Gigafactory Berlin Construction [VIDEO]

Next