The compact car is proving a big hit for state-owned SAIC Motor, China’s top automaker. The Hong Guang Mini EV is being built as part of a joint venture with US car giant General Motors (GM). Last month sales of the budget electric car in China were around...
In the first quarter of this year, nearly 75 percent of EV purchases in China were by individuals for family use, according to a tally by the China Auto Dealers Chamber of Commerce. Just two years ago, such private purchases accounted for less than half of EV sales....
