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Interesting, and definitely not expensive if it rides well and doesn't fall apart. Muli is Steel though.
As to reasonable spec, wouldn't want a cargo without hub dynamo and the complete basic Shimano brakes struggle on my cargo.
Muli list price is under 3000€, you can sometimes find them for 2500.
Then you get 4 pot, dynamo, alfine, and a tried and tested design with support.
c.h.e.
@Jackytwoshoes
Curious about these.. seems nearly identical to a Yuli but a chunk cheaper. Is it an Aliexpress knock off re-badged? Spec seems reasonable.
https://www.ebay.co.uk/itm/375690806940?