Connect with us

Hi, what are you looking for?

Fibonacci Tech News

Kia’s more affordable EV2 is getting ready to undercut Tesla

Kia’s lineup of electric vehicles are growing. | Image: Kia

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…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...