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Kia's more affordable EV2 is getting ready to undercut Tesla [Verge, The]
Last tesla, inc. earnings: 4/29 04:11 pm
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Share this story The Kia EV2, the automaker's small, affordable electric crossover, has been spotted on the street in camouflage . It's the first time the model has been seen in the wild, although the EV2 is not currently confirmed for the US. The timing of the sighting is particularly significant given recent news that Tesla may have canned its plans for a $25,000 mass-market “Model 2” vehicle. Elon Musk reportedly mothballed the affordable EV in favor of going all in on the company's plans for a fully autonomous robotaxi. No official price has been set for the Kia EV2, but Electrek says it could be 20 million won, or about $15,000 . Other reports have it under $30,000 — which would be considerably more affordable than the current average retail price for an EV at around $52,000. Many EV manufacturers over the years have promised to build cheap electric cars for the masses, but not many have gone beyond the concept table. Chinese automakers have introduced a number of extrem
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