The Roewe E50 is an all-electric car that is manufactured by the Chinese manufacturer Roewe.
The E50 was originally unveiled as the E1 concept car at the 2012 Beijing International Automotive Exhibition.[1] In November 2012, SAIC Motor introduced the production version of the Roewe E50, a four-seater supermini sized hatchback for the market in China.
The E50 has a 47 kW motor and an 18 kWh battery pack supplied by A123 Systems that delivers a range of 180 km (110 mi) and a top speed of up to 120 km/h (75 mph). The E50 uses several lightweight materials from Evonik to reduce energy consumption and to achieve lower emissions.
In 2012, the electric car pricing started at CN¥234,900 (US$37,589) before available government incentives, and SAIC's goal was to sell 1,000 units within the first year in the market.[2][3] Retail deliveries began in Shanghai in January 2013.[citation needed]
The E50 is subject to a cash rebate of CN¥60,000 (US$9,648) from the central government, another CN¥40,000 (US$6,432) from the Shanghai municipal government, and also is exempted from the city's license plate fee, which by January 2013 had a cost of CN¥75,000 (US$12,060), but the new energy car plates, or EV plates, are non transferable.[citation needed]
As of 2013, these incentives were thought to make the E50 competitive with the price of an economy family car.[4][5]
The E50 was provided the basis of MG Dynamo EV, a concept car shown in the United Kingdom during spring 2014. The Dynamo uses a 71bhp electric motor developing 155Nm of torque, and has a range of 50 miles on a single charge.[6]