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buying Meet The Cheapest New Electric Car In America

00:20  05 august  2020
00:20  05 august  2020 Source:   thedrive.com

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Small electric vehicle manufacturer Kandi America has just unveiled two models for the U.S. market, the K27 and the K23, which are poised to become the most affordable EVs on sale in the States. The two cars come from Chinese electric vehicle and parts manufacturer Kandi Technologies Group and

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Car companies and regulators want electric vehicles to be the next big step for personal transportation. But until battery costs go down and a better charging network exists, that road is fraught with troubles. That, of course, hasn't stopped multibillion-dollar corporations from trying to democratize the EV. Now, a small EV startup called Kandi claims to have figured out how to bring "sleek and advanced" EVs to everyone, regardless of their financial status."

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The average price for a new car in America is nearly ,000. Some new vehicles cost just over a third of that. One sells for barely more than ,000. A new study of the prices of 2020 cars shows that the 2020 Chevrolet Spark Hatchback from General Motors Co. (NYSE: GM) sells for just ,025.

Electric cars remain a difficult sell, especially considering there is always something better right around the corner, but leasing them is As best I can tell, this car cannot be purchased at any of the 59 dealers in a 100 mile radius of me. From my perspective, the cheapest car in America does not exist.

a car parked on the side of a road: Car companies and regulators want electric vehicles to be the next big step for personal transportation. But until battery costs go down and a better charging network exists, that road is fraught with troubles. That, of course, hasn't stopped multibillion-dollar corporations from trying to democratize the EV. Now, a small EV startup called Kandi claims […] © Provided by The Drive Car companies and regulators want electric vehicles to be the next big step for personal transportation. But until battery costs go down and a better charging network exists, that road is fraught with troubles. That, of course, hasn't stopped multibillion-dollar corporations from trying to democratize the EV. Now, a small EV startup called Kandi claims […]

Kandi America, in brief, is a subsidiary of Kandi Technologies Group; a Chinese battery and EV manufacturer. So far, Kandi's primary customers have been other big Chinese car or tech companies like Geely, owners of Lotus and Volvo, and Didi, a transportation giant. With its new K23 and K27 EVs, however, Kandi hopes to court the American consumer market, and on price point alone, both stand to tempt their share of car buyers.

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I'll tell you which electric car is the cheapest and most affordable in 2019. Let's talk about it as I take your questions and comments during the LIVE

Engineers and designers that work in the transportation industry are always on the lookout for way to make their products better, more efficient and up to

The K27, a vaguely Fiat 500-looking hatchback is the cheaper of the two, with a 17.7-kWh battery, an advertised range of up to 100 miles, and a top speed of 63 mph, making it just capable of highway speed. Seven hours on a 240-volt feed is said to be enough to fully charge it, meaning it'll always be ready for a drive if left hooked up overnight. The cost? As low as $12,999 after accounting for federal tax credits, though those with the budget to net all of the said tax credit may find Kandi's pricier option, the K23, more appealing.

Sized more like a Honda Fit (RIP), the K23 is a subcompact EV with a significantly larger battery, at 41.4 kWh. Accordingly, its 28-horsepower electric motor can pull it to 70 mph, and as far from home as 188 miles, or 38 further than a base Nissan Leaf can go, and at a lower price to boot. Federal tax incentives included, the Nissan starts at $24,100, and the Kandi, at $22,499.

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When they reach the American market later this year, the K23 and K27 will be two of the cheapest electric cars on sale here and will be accordingly trimmed. Onboard gadgetry will be barebones, consisting of Bluetooth audio, a back-up camera, dual front airbags, and antilock brakes. Both are highway-legal, and will come with promising battery warranties of eight years or 62,000 miles--handy if battery degradation sets in within the 300- to 500-cycle window commonly seen with EVs.

It's worth remembering that even Tesla, which has long said it wants to democratize EVs, still has a $40,000 car as its cheapest model. But by skimping on an EV and committing to a Kandi, buyers will give up a lot of what we take for granted on even other EVs. Kandi tells us that while DC fast-charge compatibility is planned for next year, early birds will have to make do with just "level 2" 240-volt AC charging.

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Electric vehicles have grown in popularity thanks in part to companies like Tesla, Nissan and Chevrolet. But EV’s can be quite pricey, something Kaiyun

Electric vehicles have only a tiny market share, but the auto industry is betting billions that they will soon be as cheap as conventional cars . Electric vehicles have only a tiny market share, but the Electrify America , a company established to invest the settlement money, plans to install more than 2

And while Kandi has submitted both models to the EPA to have their ranges verified, and the NHTSA for crash testing, no results for either Kandi can be found on the EPA's or NHTSA's public databases. Until these agencies issue their verdicts on Kandi's cars, buyers have to take the automaker at its word that the range capabilities are real, and that its cars won't flatten in a crash.

a view of a car: Kandi K23 interior © Kandi America Kandi K23 interior

If you're willing to take a chance on these ultra-affordable Chinese-made EVs, Kandi America says it'll begin taking refundable $100 deposits on August 18, when sales commence in the company's hometown of Dallas-Fort Worth, Texas. With time, Kandi hopes to sell EVs in all 48 mainland states, though that might require a smooth launch down in Texas. And as times to launch a car company ago, the middle of an economic dip isn't an easy one.

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