Budget Chinese EV outsells Tesla – £3,200 electic car outselling Elon Musk vehicle

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The Hong Guang Mini EV has been built in a joint venture between state-owned SAIC Motor and General Motors (GM). The car sold double the amount Tesla did last month in China.

The Hong Guang Mini EV is being marketed as “the people’s commuting tool”.

Carwow provided the following comment courtesy of CEO, James Hind.

Mr Hind told Express.co.uk the trend is unlikely to show up in UK consumers.

He said: “While entry level electric vehicles like this are hugely popular in mainland China, the appetite we’ve seen from UK consumers skews at the moment heavily towards premium offerings from established brands.

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“It’s enough of a leap for most consumers to switch to a new technology when buying an EV, doing so at the same time into an unknown brand may be a little too far for UK consumers.”

However, there are a number of cars hitting the market that might challenge Tesla.

Mr Hind went on: “UK consumers are some of the most spoilt when it comes to choice, with an onslaught of new mass market EV offerings hitting the UK market over the next two years.”

“Most notably,” Mr Hind pointed to “the launch of Volkswagens long awaited ID-3 starting from £32,000 and Hyundai’s announcement of its Ioniq 5 due to land in 2022 and MG’s ZS EV at a reasonably priced £25,495 after applying the current Government grant.”

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The Hong Guang Mini EV sold 112,000 models in the second half of 2020.

It is thought to be the best selling electric model world-wide behind the Tesla Model 3.

Hyundai’s challenger to the Tesla Model 3 is the Hyundai IONIQ 5.

It’s available in two different battery sizes with a maximum range of up to 298 miles. 

It can charge enough for 62 miles in less than five minutes.

Another contender is a new BMW SUV, the fully electric BMW iX3. 

BMW has confirmed its iX3 will start from just over £45,000 in China, where prices have been decreased to compete with other electric cars.

The BMW iX3 will be available for £58,850 when the model is launched in the UK.

The model is the latest to enter BMW’s roster of electric vehicles but is their first EV Sports Activity Vehicle.

In the race to become the world’s leader fully electric road car, Tesla Model 3 updates are coming to the popular vehicle. 

These include cosmetic updates, such as doorhandle tweaks and changing the bridgework around the windows to satin black instead of chrome.

It is now available with new 20 inch wheels.

The car will also feature a new Powerlift Trunk available at a touch of a button.

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