SAIC Motor is known in China as one of the “Big Four” Chinese automakers. In 2011 alone, for example, it produced 3.97 million vehicles. Through its luxury brand Roewe it is now getting into electric cars, unveiling earlier this week the Roewe 50 at the China Industrial Fair.
The Roewe 50, reported China Daily, will price between 220,000-240,000 yuan, or upwards of almost $38,500. Like incentives being offered in the United States through federal and state governments to help bring green technology car prices down, those being offered by Chinese governmental agencies could help one conceivably pick up this mini electric car for as low as 120,000 yuan, or just over $19,200.
Roewe E50 (image via SAIC Motor)
SAIC Motor noted its new Roewe 50 will have a top speed of around 80 miles per hour, a 0-62 MPH acceleration of 14.6 seconds and have a range under “uniform test conditions” rated at around 111 miles. It is propelled by an electric motor with a maximum power of 52 kw and has a motor peak torque of 155 Nm, according to its technical specifications.
This electric car’s lithium iron phosphate battery has a capacity of 18 kWh and can fast charge at a higher level EV charger in 30 minutes at 80 percent energy storage capacity. A regular AC outlet, meanwhile, can fully charge the Roewe 50 in about six hours.