The SAIC-GM-Wuling (SGMW) joint venture, in which General Motors holds a 44-percent stake, has officially launched the Baojun Yep mini electric SUV in China with a ultra-competitive base price of $11,300 (79,800 yuan).
Leaked in early 2023 and unveiled in public at the Shanghai Auto Show in April, the Baojun Yep – its Chinese name is YueYe – has gone on sale in China on May 25 targeting younger buyers with lower than expected pricing.