![Kia's $15,000 EV2 caught in the wild as affordable EV offensive kicks off [Video]](https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2023/11/Kia-EV3-spotted-9.jpeg?resize=1200,628&quality=82&strip=all&ssl=1)
Kia’s $15,000 EV2 caught in the wild as affordable EV offensive kicks off [Video]
As the brand prepares to kick off its low-cost EV offensive, Kia’s cheapest EV2, starting around $14,500 (20 million Won), was spotted testing in a new video. Check out the first glimpse of the Kia EV2 below.
Affordable Kia electric cars are coming
Kia unveiled three new affordable electric vehicles during its first annual EV Day in October. The line-up includes the EV3, EV4, and EV5.
The EV5 launched in China in November, starting at around $20,000 (149,800 yuan) as Kia looks to take on Tesla’s Model Y and low-cost Chinese EV makers like BYD.
Based on Hyundai’s E-GMP platform (the same one underpinning the IONIQ 5), Kia’s EV5 is available with up to 447 miles (720 km) CLTC range. In Australia, the EV5 starts at around $46,000 (70,000 AUS).
Next in line is the Kia EV3. Kia’s EV3 inherits the tech and design from its three-row EV9 in a smaller, more affordable package.
The EV3 is expected to debut this summer, with a sporty GT line rolling out in the fall. We’ve seen EV3 prototypes out in the wild a few times now as it gets ready to show its face (see the videos here).
It’s expected to be around the size of the Volvo EX30 or Hyundai Kona EV at around 170″ long, 72″ wide, and 62″ tall. The EV3 is expected to start at around $30,000.
After that, Kia will launch the EV4. The EV4 is Kia’s take on an entry-level electric sedan with a unique design and silhouette.
Kia calls the EV4 an “entirely new type of sedan that stands as a symbol of innovation” of where the brand is headed. It will start at around $35,000.
Kia’s EV2 spotted for the first time in new testing video
Kia also revealed during its EV Day that it will launch an even smaller and cheaper EV2 electric SUV.
Speaking with Autocar, Kia’s CEO Ho-Sung Song said affordable EVs are “very important” to the brand’s future.
Kia’s CEO added that the EV2 is a “very unique and important model” in key markets like Europe. Given Kia’s preference for SUVs, the EV2 is expected to include a crossover or SUV-like design rather than a hatch.
Kia’s EV2 was spotted testing out in the wild as a new ShortsCar video gives us a better look at what we can expect from the entry-level EV.
As the EV2 drives by, you can see its boxy SUV shape, similar to the EV3 and EV5. The design is clearly part of Kia’s new theme. Despite this, the EV2 is expected to be even smaller and more affordable.
The video states the domestic compact electric SUV will be priced at $14,500 (20 million Won). If so, it could bump the Kia Ray EV out of the line-up.
Like the updated line-up of low-cost EVs, the EV2 is expected to wear Kia’s new “Opposites United” design. You can expect to see elements like Kia’s new “Tiger Face” grille.
Like the EV3, the E2 is set to receive a sporty GT version. Production is expected to begin at Kia’s Slovakia plant in 2025.
The four new models are part of Kia’s wide-ranging EV line-up priced between $20,000 and $80,000.
Kia’s EV2 spotting comes as several automakers race to introduce more affordable electric cars. Nissan plans to unveil the Micra EV as its newest low-cost EV later this year. Ford, Volkswagen, Rivian, Hyundai, and others are all planning to launch lower-cost EVs over the next few years.
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Tesla has opened orders for the Model Y Long Range RWD for $45,000 in the US. It’s the new entry-level Model Y following the design refresh earlier this year.
Since launching the updated Model Y earlier this year, Tesla has only offered the best-selling electric SUV in a single Long-Range AWD configuration.
First, it was as a fully-loaded $60,000 Launch Edition, and last month, it started deliveries of the regular Model Y AWD starting at $49,000.
As we recently noted, Tesla didn’t have much of an order backlog for the new Model Y in the US, and it has already started gathering new Model Y AWD in inventory just weeks after launching the vehicle.
Tesla even started offering subsidized financing rates on the new SUV this weekend.
Now, the automaker is starting to take orders for the new Model Y Long Range RWD
The new trim starts at $44,990 and enables 357 miles of range – an extra 30 miles over the AWD version.
However, due to its single motor powertrain, the lower-priced version is slightly slower with a 0-60 mph acceleration in 5.4 seconds rather than 4.6 seconds.
The automaker says that deliveries of the new version will start in the US in the next 3 to 5 weeks. It launched the new Model Y RWD in Europe weeks ago.
Tesla also offers a Standard Range RWD in Europe and China for even cheaper, and deliveries have already started in China.
Electrek’s Take
Tesla appears to have waited to open orders for the Model Y RWD in the US to optimize demand for the Long Range AWD.
But now it needs a cheaper model to sustain demand at the current production rate.
In the coming weeks, it will start building a mix of RWD and AWD in Fremont and Austin to
Interestingly, Tesla currently only offers the subsidized 1.99% financing rate on the Model Y Long Range AWD. I would assume that Tesla plans to take advantage of the boost in demand that the cheaper model will create.
However, US buyers probably won’t have to wait more than a few weeks before Tesla starts to offer lower interest rates on all versions, like it already does in Europe and China.
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![Big Mack, hydrogen Honda, and a ride in the Tesla Semi at ACT Expo 2025 [part 6]](https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2025/05/act-2025.jpg?resize=1200,628&quality=82&strip=all&ssl=1)
On today’s thrilling episode of Quick Charge, we’ve got some of the highlights of the 2025 ACT Expo, including the all-electric Windrose and Mack Pioneer Class 8s trucks, a hydrogen fuel sell [sic] from Honda, a fun charging surprise, and – after an eight year wait – we finally get a ride in the all-new (in 2017) Tesla Semi!
ACT Expo is North America’s premier clean truck and transport trade show – and for 2025 it was bigger than ever, with more exhibitors and more, more capable battery electric vehicles than ever. The downsides? NACFE have scored with their “messy middle” messaging, and the return of “clean diesel” talking points. We’ve got a brief rundown and links to all the details, below.
Source Links
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