Chinese Chery S18 EV Price is Under $15,000

 
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Chery S18

Chery S18

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Last week we told you about the unveiling of a new Chinese electric car.  Joining the BYD F3DM electric car already in production, Chinese automaker Chery unveiled its S18 EV.

The 4-door 5-seat car is a highway speed capable all electric car that has a 93 mile driving range, and a top speed of 75 mph.  It uses a 336 40 amp-hour lithium-ion phosphate and has a 40 kw motor.

The real amazing thing though is its price.  Per a company spokesperson, the car will be priced at $14,600.  It will be on the market in China within a year.

What is so remarkable about this pricing is that the car actually has a 13.4 kwh battery pack.  Most experts indicate the cost of a lithium-ion pack is $1000 per kwh, so clearly Chery is able to produce the packs at a significant cost advantage compared so competitors.  And though it isn't clear if the vehicle will make in to North America, its price is a harbinger of things to come.

Source (Edmunds)





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Comments (3)
  1. "Mr?"

    GM dropped its pants and left its A$$ wide open for this. By crushing the EV1 and suppressing ALL future EV development (NiMH battery story) they set America back 10 years. Now the Chinese are primed to put electric cars on the road faster and cheaper than GM could ever think of doing. All the Chinese have to do is overcome the quality gap impression.
     
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  2. "Mr"

    GM had it but they gave it to Oil Company
    So Sad
     
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  3. "Mr"

    GM had it but they gave it to Oil Company
    So Sad
     
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