It’s official. Kia has now confirmed plans to launch the EV2 next January. The electric SUV will be an even smaller, more affordable model to sit below the EV3.
Kia confirms EV2 will launch in January 2026
Kia is on an EV launch spree. After revealing three new mass-market EV models, the EV3, EV4, and EV5, in October 2023, the Korean automaker is preparing to launch a fourth.
The new lineup is part of Kia’s “EVs for all” strategy, with prices ranging from $30,000 to upwards of $80,000. Kia launched the EV5 in China, starting at around $20,000 (149,800 yuan) in November 2023. Last year, Kia followed it up with the EV3, which is now rolling out in Europe for around $38,000 (36,000 euros).
Kia will introduce the EV4 globally this year, or what it calls “an entirely new type of sedan.” Depending on the market, it’s expected to start at around $30,000 to $40,000 as a potential Tesla Model 3 challenger.
On the company’s Q4 and full-year 2024 earnings call this week, Kia confirmed plans to launch the EV2 in January 2026. The EV2 will be built at its Zilina, Slovakia plant, Kia’s first manufacturing facility in Europe.
Although it was not showcased during its 2023 EV day, Kia CEO Ho-Sung Song told Autocar that the EV2 would go on sale in 2026 with a target price of around $30,000 (£25,000) in Europe. In Korea, prices could start as low as $15,000 (KRW 20 million).
Kia’s CEO stressed that building affordable EVs is “very important” for the brand. It will also help “the European market that is in need of smaller [electric] vehicles too,” Song added.
Kia EV2 in South Korea (Source: CarShorts)
Ahead of its official debut, the EV2 has been caught in public testing a few times, revealing a Soul-like design. You can expect an exterior look similar to the EV3 and EV5, featuring Kia’s new Opposites United design.
Like other models in the lineup, it’s expected to feature Kia’s new Connected Car Navigation Cockpit (ccNC) operating system inside. The setup includes a dual 12.3″ driver display and infotainment screens.
Kia EV3 interior (Source: Kia)
Like the EV3 and EV5, the EV2 is expected to be based on Hyundai’s E-GMP platform, providing over 300 miles (605 km WLTP) of range.
Earlier today, we learned that Kia will launch the EV5 in Canada next year, but not in the US. The EV5 will even include a native NACS port for charging at Tesla Superchargers. So, for those of you in the US, don’t get too excited. Given the lack of demand for smaller cars, the EV2 is not expected to arrive in the US. Hopefully, Kia will surprise us.
The latest hybrid telehandler from New Holland packs a range-extending combustion engine to boost its battery power during longer shifts – but it doesn’t run on gas or diesel. Instead, this farm-friendly machine is built to run on METHANE.
Manure digester, via Ag Marketing Resource Center.
CASE and New Holland (collectively, CNH) understands its customers’ desire to put that biogas to good use. They also understand that nothing is quite as efficient as battery-electric power, though; but big farms have weird duty cycles: 4-6 hour shifts most of the year, then critical, un-skippable, non-negotiable round-the-clock running during harvest.
“With this prototype, New Holland shows its continuous commitment to the ‘Clean Energy Leader‘ strategy, building on our leadership in alternative fuel machines,” says Marco Gerbi, New Holland T4 and T5 tractor, loader and telehandler product management. “Our aim is to help our customers boost farm productivity and profitability by broadening our range of alternative fuel machines that do not compromise efficiency or productivity yet help to minimize agriculture’s carbon footprint.”
Primarily driven by a 70 kWh lithium-ion battery, the telehandler uses a methane-fueled version of Fiat Powertrain’s four-cylinder F28 engine as a range-extending backup whenever jobs demand more uptime. On the energy stored in the battery alone, New Holland says the machine can handle a full day’s worth of typical farm work — roughly a “350-day duty cycle,” and it can recharge from the grid, a biogas generator, or even rooftop (barntop?) solar.
It’s still just a prototype, but New Holland claims the hybrid setup cuts fuel use by up to 70% compared to a conventional diesel telehandler while delivering 30% better performance and uptime for its operators.
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The Boring Company, Elon Musk’s tunneling startup, is reportedly facing significant issues with its new project in Nashville, Tennessee. A key subcontractor has walked off the job, alleging that the company has failed to pay for work completed on the “Music City Loop,” claiming they have received only 5% of what they are owed.
We have been following The Boring Company’s expansion efforts closely.
After the relative success of the Las Vegas Loop and several projects that failed to materialize, it looked like the company was winding down until a new proposal in Nashville gained some momentum.
However, a new report from the Nashville Banner indicates that the project is hitting a major wall.
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Shane Trucking and Excavating, a local contractor hired to handle preliminary work for the tunnel project, pulled its workers off the site this Monday. William Shane, the owner of the company, told the Banner that The Boring Company has “ghosted” them and failed to pay invoices totaling in the six figures.
According to Shane, the payment terms were initially set for every 15 days, then unilaterally switched to 60 days. Now, he claims it has been over 120 days since they broke ground, and his company has received only a fraction of the payment due.
“We were really skeptical from the beginning, and then since then, things pretty much just went downhill,” Shane said.
The contractor was reportedly responsible for preparing the launch pad for “Prufrock,” The Boring Company’s proprietary tunnel boring machine (TBM). We previously reported on Prufrock’s capabilities, with the company claiming it can dig tunnels significantly faster than conventional machines, supposedly porpoising directly from the surface to avoid digging expensive launch pits.
If the launch pad isn’t finished because the excavator wasn’t paid, Prufrock isn’t digging anywhere.
This isn’t the first time we’ve heard of payment issues involving Musk-led companies. Tesla has been known to not pay its bills, leading to small companies going bankrupt.
As The Boring Company was stiffing Shane on the bills, the company tried to poach workers from its own contractor and lied about it:
“One of their head guys texts two of my welders, offering them a job for $45 an hour from his work phone,” Shane described, noting that the same TBC employee denied sending the texts when confronted with screenshots. “That’s actually a breach of contract.”
On top of the missed payments, Shane alleges serious safety concerns. They made several official complaints to OSHA:
“Where we’re digging, we’re so far down, there should be concrete and different structures like that to hold the slope back from falling on you while you’re working. Where most people use concrete, they currently have — I’m not even kidding — they currently have wood. They had us install wood 2x12s.”
The Boring Company Vice President David Buss blamed missed payments on “invoicing errors” in a statement to the Banner:
“It does look like we had some invoicing errors on that. It was, you know, unfortunately, too common of a thing, but I assured them that we are going to make sure that invoices are wired tomorrow.”
He also said that he would look into the poaching allegations, but added that he is not aware of any OSHA complaints.
The “Music City Loop” was pitched as a solution to connect downtown Nashville to the airport, a route that is notoriously congested.
The Boring Company claims it can complete the project without public money, but there are some obvious issues with its financing.
Electrek’s Take
I’ve been willing to give them the benefit of the doubt on the “Loop” concept. While it falls short of the original “autonomous pods” vision or the “Hyperloop” speed dreams, the system in Las Vegas does work to move people, even if it is just Teslas in tunnels driven by humans.
There’s just no evidence that it would be more efficient than any other public transit system.
When Musk launched The Boring Company’s first test tunnel in LA, I asked him if he had any simulations showing his “loop” system to be more efficient. He said that they were working on that. That was 7 years ago.
Therefore, while The Boring Company appears to have achieved marginal improvements in tunnel boring, mainly when it comes to smaller tunnels; it has yet to show clear evidence that its Loop system is a better solution than any other public transit system.
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