GM is selling an electric car in China that costs just $5,300

Good news for Chinese consumers. This week, General Motors will start selling a tiny electric car which, after national and local electric vehicle incentives, costs just $5,300. From front to end, the Baojun E100 measures just 63 inches. And, when unleashed and fully charged, the two-seater can reach speeds of 62 miles per hour and travel about 96 miles per hour.The E100, which has been outfitted with a 39-horsepower electric motor, is Baojun's first electric car. Prices for the...

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