GM’s Baojun E100 Surges To 1,700 Sales In China For October
Earlier this year GM, through its joint venture SAIC-GM-Wuling, introduced its all-electric, two-seat, Baojun E100; a model that has now found sales success.
It seems that lowering pricing to the no brainer level of RMB 35,800 (~US $5,300) after subsidies, is the way to best crack the Chinese market.
In October alone, more than 1,700 Baojun E100 were sold in its launch market of Liuzhou, Guangxi! Even the smart fortwo electric drive should be jealous.
It is too early to peg ultimate demand, but the sales ceiling for a 155 km (96 miles) city BEV like the E100 could be in thousands at that price.
Baojun E100 specs:
- 155 km (96 miles) range
- 29 kW and 110 Nm electric motor
- top speed of 100 km/h (62 mph)
- fully charged in 7.5 hours
As a comparison, the Chevrolet Volt available in China as the Buick Velite 5 attracted nearly 1,300 customers between April and September of 2017 (with record of 364 in September).