General Motors Subsidiary Announces Electric Car for Only R$ 22,000 With Range of Up to 300 km

Chinese Company Develops New Cheap Electric Car That May Hit The Market Costing Around R$ 20 Thousand. Wuling Bingo Will Come With A 30 kW Engine And Weight Of 990 kg.

The MiniEV, a compact electric model, became the best-selling cheap electric car in China right at the beginning of last year, even surpassing sales of vehicles from Tesla. In 2021 alone, over 200 thousand units of the model were sold, according to data from the Chinese automotive market. As the success was immense, the manufacturer even produced a convertible version of the electric vehicle with the goal of pleasing just as much as the first one.

Wuling Bingo Electric Car Responsible For 100 Thousand Sales In The First Quarter Of 2021

The electric vehicle was developed by the Chinese company Wuling, which is part of SAIC, alongside the American GM, and was responsible for 100 thousand sales in just the first quarter of last year. There were 36 thousand sales in just one month. Meanwhile, its competitor Tesla sold only 14.6 thousand units in the same period.

The vehicle gained a lot of fame for being known as one of the cheapest electric models in the world. Following this line, the Mini EV Cabrio arrived. A convertible that is slightly more expensive, costing around R$ 60 thousand.

The model follows a sportier line, without the two back seats and with a more stylish top. Its interior, depending on the buyer’s choice, can be white or red. These data were gathered by the China Passenger Car Association (CPCA).

Manufacturer Announces New Cheap Electric Car Low Cost

Now, Wuling has just announced a new super compact electric vehicle that promises to continue impacting the Asian market, the Wuling Bingo. At first glance, the design is a bit more modern and less boxy than its older sibling.

The front of the model, for example, features more rounded lines, including LED headlights. The taillights on the body also have a similar look, reminiscent of Porsche cars. Its dimensions are 3,950 mm in length, 1,708 mm in width, and 1,580 mm in height, with a wheelbase of 2,560 mm.

The cheap electric car with four doors hits the market positioned above the Mini EV. With a total weight of 990 kg, the Bingo is equipped with a 30 kW electric motor, making it clear that performance is not the goal. So far, the manufacturer has not disclosed the battery duration, but, due to the lighter body, the estimate is that the range exceeds 300 km.

iPhone Manufacturer Also Plans To Launch Popular Electric Car

With the significant rise of electric cars, the Taiwanese company Foxconn, known for being the main manufacturer of the iPhone, is investing in its entry into this market, recently presenting a solution for the budget electric vehicle sector, called Project X, which could be the first electric model in the market.

The project was presented at the MiH Demo Day event, organized by the Mobility in Harmony (MiH) consortium, led by the company, which also includes companies like Microsoft, Tata, Lordstown, among others. It is important to highlight that the project for developing a cheap electric car is still in its early stages.

Now, the MiH consortium is looking for partners to contribute to the development of the platform, that is, to invest in the project and share their technologies. The project is part of the Build Your Own Vehicle electric car ecosystem. The use of a modular design may reduce the final cost of the budget electric car, making it even more accessible.