GM to Sell Tiny Electric Car for $5,000

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CHINA — General Motors will start selling a tiny electric car in China this week for about $5,000.

It’s called the Baojun E-100 – a two-seater that has a top speed of 62 mph.

GM says the E-100 has a 39-horsepower electric motor and can drive about 96 miles on a fully charged battery.

It also includes built-in Wi-Fi and parking sensors.

The car is already a hit – more than 5,000 people have signed up to buy the first 200 vehicles off the assembly line.

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