Classic China. In this government controlled Chinese press is this report:
Shandong Baoya Vehicle Co., Ltd. received orders from the US this year for the purchase of 4,800 electric cars.
Baoya electric car possesses its own core technologies including driveline technology for the chassis of electric cars, as well as adaptation and optimization technologies for drive motors, according to Zhang Haibo, Baoya's General Manager.
"At present, all our products are for export. In 2008, 500 cars were exported to the US, and orders from the US this year have already reached 4,800 units." Zhang said.
The Baoya electric car fully meets western countries' weight criteria, a maximum of 400 kilograms for low-speed sedans, and has a top speed of 80 kilometers per hour. The Baoya electric car requires five to eight hours to be recharged, with a cost of approximately 30 yuan per recharge, on which the car is able to run 150 kilometers. These electric cars for export are priced between 30,000 yuan and 35,000 yuan.
Let me translate this for you. These electric cars:
- top speed: 50 MPH
- top miles per charge: 93 Miles
- cost per 93 miles: $4.385
- charge cost per mile: 5.2¢
- Price of the car: $5,116.59
Green jobs will save the United States economy? Anyone realize when one gives away their entire manufacturing base and has biased trade agreements, other nations see the same opportunity?
GM's VOLT hybrid, projected for release in ,is $40,000 dollars. Now the Volt is by far superior, more versatile, but look at the price tag.