The super affordable electric car Wuling Hong Guang MINI EV keeps increasing its sales and production numbers.
Last month 23.762 units were sold, but sales are still limited by production capacity. To increase production, this electric car has now four battery suppliers.
Monthly production capacity
Battery suppliers (ordered by battery capacity delivered)
#SGMW to increase Hongguang MINI #EV Nov production to 30K, Dec to 33K as it opens special Qingdao-Liuzhou rail line to transport components to the factory in Guangxi, #China media reports.
The move follows company's efforts to cut delivery time.
Current production at 25K/month. https://t.co/wybaP9u096— Moneyball (@DKurac) November 9, 2020
Next year, we can expect that at least half-million units of this small electric car with cobalt-free batteries will be produced.
Only Tesla is expected to reach this level of production capacity next year in China, with 300.000 units of the Model 3 and 250.000 units of the Model Y.
Tesla #China 2021 planned production capacity at 550K units – 300K M3 and 250 K Model Y. Among them 100K M3 & 10K Model Y to be exported, China media citing unnamed insiders.
Tesla already sent order demand to the core component suppliers, one insider said.
Tesla no comment yet. pic.twitter.com/Ngz0x0x2Tq— Moneyball (@DKurac) November 9, 2020
Anyway, the Wuling Hong Guang MINI EV might not be the best looking car, but thanks to its low price and decent quality, it has the potential of becoming an iconic electric car and reach a level of success that Smart never reached with the ForTwo or the ForFour.
The visible success of the Wuling Hong Guang MINI EV might convince legacy automakers in Europe to bet again in small cars and move away from their obsession with SUVs.
With intensive marketing strategies automakers have successfully convinced us that we need large and heavy vehicles even if we mostly do city driving…