News Snapshot:
A budget electric vehicle (EV) selling in China for $4,500 (£3,200) is now outselling Tesla's more upmarket cars. The compact car is proving a big hit for state-owned SAIC Motor, China's top automaker. The Hong Guang Mini EV is being built under a joint venture known as Wuling with US car giant General Motors (GM). Last month sales of the budget electric car in China were around double those of Tesla, which was questioned this month over safety issues there. While the Hong Guang Mini selling for $4,500 is the most popular model, SAIC has an upgraded one with air...
