The Kandi Coco is a Chinese-made low-speed electric car which goes for about $10,500 in the US. As can be seen in the video below, it’s a golf cart like car with a fiberglass shell. In Recife, it’s now being sold (PT) for…guess how much? R$49,500 (or, roughly US$20,000). At that price and with the top speed being 45 kph, I’m not sure they’ll sell many.