SGMW, one of leading automakers in China, may bring E100 to the market, the first mode of alternative energy vehicle, by the end of 2016. E100 seems more like Benz-Smart. Price of the new mode may be no less than RMB 40,000 yuan.
Sales of Baojun have increased considerably since it was launched. Products of this brand have been aimed at segments including sedan of entry-level, SUV, MPV and others.
Small volume of Baojun only allows for layout of double seats. Interior configuration of Baojun E100 shows great sense of science and technology, following the mainstream.
Baojun E100 may target at customers in the third- and fourth-tier cities in China, meeting demand of low price and short distance. Power configure of E100, which can ensure maximum speed of 100 km/h and range of 100 km, may be a better choice than those electric vehicles of low-speed, catering for customers in rural areas of China.
There has been no direct competing product of Baojun E100 in the segment of electric minivan. Moreover, governmental subsidies on alternative energy vehicles and cost efficiency may ensure Baojun E100 larger market shares than that of other fuel vehicles in rural areas.
