I mean, that's true, but at 4320$ I can't help but believe that there would be a sizeable market for it in the US.
Look at the British mini and compare it to the Cooper mini that ended up for sale here. And that's British vs US safety standards. I've spent enough time in China to know that the difference there would be even more extreme.
It would be, by far, the cheapest way to own a car, and would be green to boot. Also, I'm not convinced the car is that bad, from the reviews I've read.
And yes, it's going to be safer than a motorcycle anywhere outside a highway.