- Kandi Technologies Group, a Chinese auto company, announced this week that it’s launching two ultra-affordable electric vehicles in the US later this year.
- After federal tax credits, Kandi’s K23 and K27 hatchbacks will cost $12,999 and $22,499, respectively, the company said.
- According to initial details, the cars offer range that’s on par with many other budget-friendly EVs.
- Kandi America plans to start deliveries in the fourth quarter of this year, and will initially focus on selling the cars in the Dallas-Fort Worth area.
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A Chinese car company is planning to launch two new battery-powered vehicles in the US, and if all goes according to plan, they’re set to be the cheapest EVs available stateside by far.
Kandi Technologies Group announced last week that it’s bringing the two EVs to market through its Kandi America arm this year, sending its stock price soaring. The