SAIC-GM-Wuling has become the second local automaker after BYD to see sales of NEVs reach 1 million units.
(Image credit: SAIC-GM-Wuling)
SAIC-GM-Wuling has surpassed 1 million new energy vehicle (NEV) sales, the maker of the hot-selling Mini EV announced today, becoming the second Chinese automaker after BYD to reach the milestone.
SAIC-GM-Wuling took five years to reach the milestone, the fastest in the world, it said.
SAIC-GM-Wuling is a joint venture between SAIC Group, General Motors and Liuzhou Wuling Automobile, headquartered in Liuzhou in southwest China's Guangxi Zhuang Autonomous Region.
It sells vehicles in China based on the GSEV (Global Small Electric Vehicle) architecture, including the Mini EV, KiWi EV and Nano EV. In addition to these pure electric models, SAIC-GM-Wuling also sells fuel-powered SUVs, MPVs and van models.
In the first half of the year, SAIC-GM-Wuling sold 208,043 NEVs, up 18 percent from 176,312 units in the same period last year, according to the China Passenger Car Association (CPCA).
The company sold 188,653 Hongguang Mini EV vehicles in the first half, accounting for 91 percent of its first-half NEV sales.
Cumulative sales of the Hongguang Mini EV through the end of June were 696,862 units since deliveries began in August 2020, the CPCA data show. Data for July is currently unavailable.
On May 19 last year, BYD announced that its 1 millionth NEV rolled off the production line, making it the first Chinese car company to cross that historic threshold in NEV sales.
BYD's 1 millionth NEV is the Han EV, the company's flagship electric sedan equipped with the blade battery.
It's worth noting that while SAIC-GM-Wuling became the second Chinese automaker to reach 1 million NEV sales, it did so in large part due to its lower price point.
All of SAIC-GM-Wuling's NEVs currently on sale are priced below RMB 100,000, while BYD's cheapest NEV, the Dolphin, starts at RMB 102,800 and some other high-end models are priced at more than RMB 300,000.
In addition to the announcement of reaching the 1 million NEV sales milestone, SAIC-GM-Wuling also said that the first vehicle of its Air EV rolled off the assembly plant in Indonesia.
On May 24, the first batch of SAIC-GM-Wuling's NEV parts was exported to Indonesia on a rail liner.
The Air EV was unveiled in Jakarta, Indonesia, on June 1, the company said at the time, adding that it was its first model for the global market.