Carole Nash Classic Insurance Specialists

China Watch : SAIC Motor to launch an electric car in October 2012

Automotive News China, 10th March, 2011

BEIJING  – SAIC Motor Corp. plans to start selling its first electric car in October 2012, the Xinhua news agency reported.

The three-door small car will be powered by an 18kWh lithium-ion battery pack and a 47kW electric motor. It will take six hours for the car to get a full charge for its batteries.

It will have a range of more than 150 km at an average speed of 60 km per hour, reported the official news agency, citing company President Chen Hong.

The electric car will carry a price tag of 170,000 to 180,000 yuan ($25,800 to $27,300). However, with a sales subsidy of 80,000 yuan from the Central Government and the City of Shanghai, consumers will pay only 100,000 yuan to buy the car, Chen said.

[Source: Automotive News China]

2 Comments on "China Watch : SAIC Motor to launch an electric car in October 2012"

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  1. Simon Woodward says:

    Is this the one allegedly designed with a little unofficial help from a certain French car maker?

  2. Wilko says:

    I wonder if this will end up as a so-called “MG” eventually…

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