Caoa Chery iCar Becomes The Cheapest Electric Car In The National Market

The Caoa Chery iCar, the Affordable Electric Car from Chery That Hit the Market in 2022, Is Now the Cheapest Model on the Brazilian Market, with a 14% Price Drop.

The Caoa Chery iCar is back at a lower price in the national market. The electric car from the Chinese brand had experienced a price reduction a few days ago due to the price war initiated by BYD and is now priced at R$ 119,990, returning to being the cheapest electric car on the Brazilian market.

Caoa Chery iCar Electric Car Price Drops by 14.3%

According to the official statement, Caoa Chery reports that the price reduction implemented in June resulted in an increase of approximately 500% in the demand for vehicles across the company’s dealership network spread throughout Brazil, which will reflect in the company’s registrations in the coming months.

Highlighting other models from the line that also had their prices reduced, the Caoa Chery iCar dropped from R$ 139,990 to R$ 119,990, a decrease of 14.3%. This price is distanced from its rival JAC e-JS1, which is now priced at R$ 139,900 after the arrival of the BYD Dolphin in the market, currently sold for R$ 149,800.

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Launched about a year ago, the affordable electric car has a capacity for four people, weighs 1,005 kg, and measures 3,200 mm in length, which is 48 cm less than a Kwid, 1,590 mm in height, 1,670 mm in width, and has a wheelbase of 2,150 mm.

In terms of equipment, the Caoa Chery iCar features an information and entertainment system with a 10.25-inch vertical screen, multifunctional steering wheel, wireless smartphone charging, USB, among other amenities.

Affordable Electric Car from Chery Delivers 61 Horsepower

The electric motor mounted on its rear axle has a power output of 41 kW, equivalent to 61 horsepower and 15.3 kgfm of maximum torque.

The Caoa Chery iCar is powered by a 30 kWh battery, sufficient to deliver acceleration from 0 to 50 km/h in just 6 seconds, with a top speed limited to 100 km/h and a range of 282 km in the WLTP cycle or 197 km by the INMETRO standard.

The electric car’s charging power is 7 kW in alternating current and up to 60 kW in direct current. Consequently, a full charge takes an average of 11 hours with a 3 kW portable charger, 5 hours with a Wallbox-type wall charger, and just 36 minutes at a 50 kW fast charging station.

Returning to the price of the Caoa Chery iCar, it is important to emphasize that electric cars are expected to continue on a downward trajectory, reducing the gap to equivalent gasoline models. In a movement primarily driven by Chinese automakers, more launches will reach the Brazilian market, increasing competition, which will help boost the sector.

Caoa Chery iCar Will Arrive in the Automotive Market with a New Look in 2024

The Caoa Chery iCar arrived in Brazil last year, but in China, it is a well-known figure, being sold since 2017 as the eQ1.

To keep the electric subcompact model competitive against rivals like the GM-Wuling Mini EV, the company has applied an update to its exterior and introduced new features in the interior, making it more modern.

First revealed at the Shanghai Auto Show in April, the updated Chery Little Ant had information disclosed by the Chinese regulatory agency and appears to be a more contemporary electric car, despite the changes being quite subtle.

The shapes of the front and rear have been remodeled, including a more robust front bumper design, adding a triangular trim on both sides, and eliminating the narrow open grille at the top of the front bar.