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 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.

Volvo: Gas only cars are history after 2019

General Motors could not immediately confirm the full price of the car before incentives.

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).

baojun 100 The Baojun E1000 has a top speed of 100 kilometers an hour, or 62 miles an hour.

The E100 does offer some amenities, such as an entertainment system with a 7-inch screen and built-in WiFi. All versions of the car will have parking sensors and pedestrian alert systems among other safety features. High-end models are available with a touchpad and keyless entry.

India to sell only electric cars by 2030

Baojun is a mass-market car brand from General Motors’ SAIC-GM-Wuling joint venture in China. It’s China’s eighth most popular car brand, according to data from LMC Automotive, ranking below brands like Volkswagen, Toyota (TM), Honda (HMC) and Buick.

The E100 is Baojun’s first electric car.

baojun 100 The Baojun E100 is even smaller than a Smart ForTwo.

More than 5,000 people have already registered to buy the first 200 vehicles, according to GM. Another 500 vehicles are being made available this week. Sales will initially be limited to the Guanxi region of southern China. GM couldn’t immediately say how it will choose which potential buyers get to take home the E100.

China is the largest automotive market in the world, and its government is making a big push for electric cars. Already, China accounts for 40% of all electric cars sold worldwide, according to the International Energy Agency.

from Business and financial news – CNNMoney.com http://ift.tt/2fnBt9l
via IFTTT

This $79 Wood-Burning Camp Stove Recharges Your Phone With Fire. Yeah, Really. [Exclusive]

It’s impossible to describe the BioLite CampStove without sounding like a lunatic, but you can actually find some sticks just laying on the ground, toss them into the stove and light them on fire at the push of a button, and then charge your phone with a USB port that’s powered by the heat of the flame. It’s…

Read more…

from Lifehacker http://ift.tt/2vuoHwo
via IFTTT