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Wuling Hongguang Mini EV cuts prices by up to RMB 13,000 to boost rural sales · TechNode


Chinese automaker Wuling announced on Monday that it has reduced the prices of its Hongguang Mini EV family, a line of affordable mini electric vehicles. The base version of the vehicle now starts at RMB 29,800 ($4,227), a decrease from RMB 32,800 a year ago. The higher-end versions of the mini EVs have also received price cuts of up to RMB 13,000. These adjustments are part of Wuling’s strategy to stimulate sales in rural China. Despite a 26.3% decline from the previous year, the budget car remains the second best-selling sedan model in China as of March, with sales of 69,842 units in the first quarter of this year. The EV line is made by SAIC-GM-Wuling, a joint venture between General Motors, SAIC Motor, and Guangxi Automobile Group, operating in China. [Wuling announcement, in Chinese]

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