GM is selling a $5,000 electric car in China

General Motors will start selling a tiny electric car in China this week that will cost about $5,300 after China’s national and local electric vehicle incentives, according to GM.

For that sort of price, the Baojun E100 is no Cadillac, of course. The two-seat car’s wheelbase — the distance from the center of the front wheels to the center of the rear wheels — is just 63 inches. That’s about 10 inches shorter than Daimler’s (DDAIF) Smart ForTwo, a car that is already remarkable for its stubby proportions.

The E100 is powered by a single 39-horsepower electric motor and has a top speed of 62 miles an hour. The E100 can drive about 96 miles on a fully charged battery, according to GM (GM).

Source: GM is selling a $5,000 electric car in China – Aug. 7, 2017