General Motors’ China joint venture, SAIC-GM-Wuling (SGMW), has launched an electric hatchback with a price tag starting at 95,800 RMB ($13.2k).
It is expected that the Baojun Yun Duo (Cloud) will compete with BYD’s Dolphin and Volkswagen’s ID.3
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SGMW sells vehicles under the Wuling and Baojun brand names.
In 2020, SGMW launched the Wuling Hongguag Mini EV, with a starting price tag of around $10,000.
Automakers have been cutting their prices in China amid intense EV competition, including VW, which slashed its ID.3 to 125,900 RMB (around $17,500) earlier this year.
Tesla announced that later this month it will cut the price of some of its Model Y vehicles (Long Range and Performance), as well as offer insurance subsidies for Model 3 customers.
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By GlobalDataThe Yun Duo comes with a 100-kW electric drive motor and generates maximum torque of 330 Nm.
It also claims a DC fast-charging time of 30 minutes, taking the vehicle from 30% to 80%.
It will be available in four versions.
