GM launches small EV in China
Much noise has been made about the "affordable" Tesla Model 3, but it looks seriously pricey compared to the latest electric car from GM. Dubbed the Baojun E100, it has about 100 miles of range and costs less than the average motorbike when government subsidies are taken into account. The caveat? It's only available in China. That's right, the E100 won't be showing up in Chevrolet or Buick dealerships anytime soon. It was been developed in conjunction with state-owned SAIC, one of the largest manufacturers in China. GM has been working with SAIC since 2001, selling cars under the Wuling and Baojun brand names. The pairing, known colloquially as SGMW, sold more than 1.5 million cars last year.