CleanTechnica•9 days ago
$13,034 Ora 5 Is Here!
- •The Ora 5, a new small EV "SUV" from GWM's Ora sub-brand, has launched in China with an extremely competitive price point of $13,034.
- •This ultra-low-cost EV signals a global trend towards highly affordable electric vehicles, potentially accelerating EV adoption rates significantly.
- •Increased EV penetration, driven by such affordable models, will lead to substantial growth in electricity demand, particularly impacting grid planning, charging infrastructure development, and utility load profiles for developers and large power consumers.
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