The newest affordable electric car has officially hit the market. Kia began accepting orders for its new EV3 in Korea this week with a starting price of $30,700 (KRW 42.08 million). The EV3 is Kia’s third EV and the first of its next-gen affordable lineup.
Meet the newest low-cost EV
After introducing the EV3 in October during its first annual EV Day, Kia finally revealed official prices this week.
Kia teased the new low-cost electric car several times ahead of its debut last month. The EV3 takes the updated design and tech from Kia’s flagship EV9, compressing it into a smaller, more affordable package.
However, Kia promises that the EV3 “carves out its own identity” unlike anything in its segment.
One of the most noticeable differences is the “Tiger Face” grille up front, replacing Kia’s old “Tiger Nose” design.
Kia has revamped the brand in the electric era with a stylish new design and logo. The EV3 is viewed as a major catalyst for Kia’s transformation.
The interior is loaded with tech, featuring Kia’s next-gen Connected Car Navigation Cockpit (ccNC) infotainment system. The new system includes dual 12.3″ screens with Apple CarPlay and Android Auto support.
Kia EV3 GT-Line (Source: Kia)
After opening orders in Korea, Kia’s domestic business headquarters VP, Jeong Won-Jeong, said, “We expect customers who have been hesitant to purchase an electric vehicle to choose the EV3 without hesitation.”
Kia opens EV3 orders with a starting price of $30,700
Kia opened orders for the new EV3 this week in Korea with a starting price of just $30,700 (KRW 42.08) before tax benefits.
Contracts at Kia branches and dealerships began nationwide on Tuesday with high hopes for the brand’s third EV. Following the EV6 and EV9, Kia’s EV3 will “further enhance Kia’s position as a leading electric vehicle brand” by giving more buyers access to electric options.
Kia EV3 GT-Line (Source: Kia)
The standard EV3 model’s starting price is $30,700 (KRW 42.08 million). Meanwhile, other EV3 trim prices start at $33,400 (KRW 45.71 million) for the Earth and $34,100 (KRW 46.66 million) for the GT Line and Long Range models. Those prices are before tax incentives.
After the environmental-friendly vehicle notification is complete, Kia expects the EV3 price to start at $29,200 (KRW 39.95 million) for the standard model.
Kia EV3 trim
Range
Starting Price
Starting Price After Incentives
Standard
217 mi (350 km)
$30,700 (KRW 42.08 million)
$29,200 (KRW 39.95 million)
Earth
Standard: 217 mi (350 km) Long Range: 311 mi (501 km)
$33,400 (KRW 45.71 million)
N/A
GT Line
Standard: 217 mi (350 km) Long Range: 311 mi (501 km)
$34,100 (KRW 46.66 million)
N/A
Long Range
311 mi (501 km)
$34,100 (KRW 46.66 million)
$32,200 (KRW 44.15)
Kia EV3 price and range by trim in Korea
The long-range model is expected to start at just $32,200 (KRW 44.15 million) after incentives. Following the government’s certification, Kia plans to begin full-scale sales in July.
Based on Hyundai’s E-GMP platform and 4th-gen batteries, the EV3 (Long-Range model) has up to 311 miles (501 km) driving range. The standard EV3 can drive up to 217 miles (350 km).
Kia EV3 GT-Line interior (source: Kia)
The Long Range model has an 81.4 kWh battery capacity, while the Standard model has a 58.3 kWh battery.
With a 350 kW charger, the EV3 can charge from 10% to 80% (standard battery) in 29 minutes. The long-range battery takes 31 minutes. The combined fuel efficiency is 5.4 km/kWh for the long-range and 5.2 km/kWh for the standard model.
Kia also launched its “e-Life Package” on Tuesday. The program combines charging, vehicle care, and used-price vehicle guarantees to improve the EV ownership experience.
Kia EV3 GT-Line (Source: Kia)
An invitation event, “EV3 Exclusive Preview,” will be held from June 15th to the 16th for customers to experience Kia’s new electric car.
After the EV3 rolls out, Kia is expected to launch the EV4. It will be Kia’s take on an entry-level electric sedan. The Kia EV4 is expected to launch next year with starting prices around $35,000.
What do you think of Kia’s new EV3? Would you buy it for $30,000? Comment below to let us know your thoughts.
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And today, Musk made it official that he will seek greater collaboration between three of his companies: Tesla, xAI, and twitter, in the form of an investment into xAI by Tesla.
The situation is a little more complicated than that, though.
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Tesla is a public company, owned by shareholders. Musk is the largest shareholder, but only owns around 12% of the company himself.
This is a different situation than xAI, which is a private company, owned by Musk. While there are other investors, he can exercise much more direct control over the company, and doesn’t have to put big decisions up to a vote.
One of the recent decisions he made with xAI was to purchase twitter in March. You may say, “wait, I thought he bought twitter back in 2022?,” and you’d be correct. Musk purchased twitter for $44 billion in 2022, which was widely agreed to be far too high a price, and then rapidly saw the company’s valuation drop to under $10 billion.
Then, in March 2025, Musk had xAI purchase twitter in an all-stock deal, valuing twitter company at $45 billion – again, far too high of a valuation, but considering he purchased the company from himself, he could set the price at whatever he wanted.
The move was widely considered to be a bailout of twitter, and the numbers involved considered arbitrary, perhaps partially to help save face for Musk after he made one of the worst business deals of all time.
Now the two are the same entity, and it seems clear that he would like to bring Tesla into the fold, in some way or another.
Musk has already improperly used resources from Tesla, a public company, to boost xAI and twitter, his private companies. Last year, he gave up Tesla’s priority position for highly sought-after NVIDIA H100 GPUs, instead shipping those GPUs to xAI and twitter. Tesla could have used these GPUs for training its FSD/Robotaxi systems, which Musk has claimed is the most important thing to Tesla’s future, but instead graciously sent them to his other company that used them to, uh, train a bot to say Nazi stuff apparently.
xAI has also poached talent from Tesla, multiple times, showing how Musk is using Tesla as a farm team for his private company.
So it hasn’t been a secret that Musk would like to use public money to bail out his private companies, as he’s been setting the stage for for a while now.
Musk has previously “discussed” getting Tesla to invest in xAI in the past, but the idea was never made official until today, when Musk said that he will put the idea to a shareholder vote.
In response to one of his superfans asking for the the opportunity to waste money on an overvalued social media app (which would mark the third time it has been overpaid for in as many years), and the backend fueling “MechaHitler,” Musk said this:
Tesla traditionally holds its annual shareholder meeting around the middle of the year, so if it were a normal year, this shareholder vote might be imminent.
But it’s not a normal year, as just last week Tesla announced an exceptionally late shareholder meeting, pushing it back to November, the latest it has ever held the meeting.
This means that Musk will have around four months to campaign for this idea – something that he’ll perhaps have more time to do, now that he’s no longer cosplaying as a government official.
We don’t know what the structure of the deal might look like yet, but Musk has been clear in the past that he wants more shares in Tesla. After selling many of his shares in order to buy twitter, he later complained that he doesn’t feel comfortable having less than 25% of Tesla. Given that his recent xAI/twitter deal was an all-stock deal, Musk could attempt to fund any investment of Tesla into xAI via shares, giving himself more Tesla shares in exchange for the company gaining a portion of xAI. Though to get him to 25% voting shares in Tesla, that would require either an enormous valuation for xAI, a small valuation for Tesla, or purchasing a large percentage of xAI (or, perhaps, all three, given how much higher TSLA’s valuation is than xAI’s).
We may however have a hint as to how that vote will go, because the last time Musk campaigned for a clearly terrible idea, Tesla shareholders ate it up.
In mid-2024, Musk ended his yearslong absenteeism at Tesla in a flurry of activity, hoping to persuade enough shareholders to vote for his illegal $55B pay package.
So it looks like we’ve got another campaign coming up, and if last time was any indication, expect some really bad decisions along the way. It worked last time, didn’t it?
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The off-highway equipment experts at Perkins and McElroy have teamed up to develop a plug-and-play battery electric power unit designed to help equipment OEMs and upfitters to seamlessly transition from diesel to battery electric power.
Designed to occupy the same space as the companies’ diesel-engined power units, Perkins dropped its new battery power unit into the similarly new McElroy TracStar 900i pipe fusion machine (specialized equipment used to join thermoplastic pipes like HDPE or polypropylene by heat-welding them end-to-end to form a continuous length pf pipe).
Perkins’ battery electric power unit replaces the company’s proprietary 134 hp, 3.6 liter 904 Series Tier V diesel engine, enabling units that are already deployed to be quickly upgraded to electric power – and helping trade allies and development partners to easily retrofit existing equipment in order to add zero-emission options to their operational fleet.
“We’re actively helping customers navigate the shift in power system requirements, with a range of advanced power systems including electric, diesel-electric and alternative fuel compatible engines,” says Jaz Gill, vice president, global sales, marketing at Perkins. “When it comes to the innovative fully integrated battery electric power unit, it can be ‘dropped in’ to a machine to replace a diesel engine. The system consists of a Perkins battery along with inverters, motors and on-board chargers – all packaged up into a compact drop-in system to support seamless transition from diesel to electric for our customers looking to make that move.”
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McElroy believes that an electric, emissions-free power unit like this one will open new opportunities and applications for its customers.
“Their team has done a phenomenal job of integrating their battery electric system into our TracStar 900i,” explains McElroy President and CEO Chip McElroy. “We’re really excited to see what the market thinks about this concept.”
Development of the battery electric powered pipe fusion machine was completed in about nine months. Future Perkins-powered electric equipment running the 904 diesel (small excavators, telehandlers, pumps, and gensets) could be developed even more quickly. You can find out more in the company’s promo video, below.
British ultra-luxe brand Bentley is teasing the upcoming, first-ever all electric model that will take it into the 2030s with a new concept car inspired by the iconic 1930 “Blue Train” Speed Six coupe – and it looks fantastic!
More than any other brand, Bentley was defined by its engine. For decades, in fact, the only meaningful mechanical difference between a Rolls-Royce and a Bentley was the 6.75L twin-turbocharged V8 engine under the flying B hood ornament.
That all changed at the dawn of the twenty-first century. Rolls-Royce was acquired by BMW, while Volkswagen took the reins at Bentley, setting both brands on distinct paths. Now, without its own engine, Bentley faces the challenge of proving to discerning buyers that its cars justify a premium over its mechanical cousins at VW, Audi, and Porsche. That’s why the company is looking to it pre-Rolls merger past, all the way back to the legendary 1930 “Blue Train” Speed Six coupe.
Bentley Blue Train EXP 15 concept
EXP 15 concept and 1930 Blue Train; via Bentley.
“Bentley’s then-chairman Woolf Barnato had a Speed Six four-door Weymann fabric saloon by H J Mulliner, which he used to race the Blue Train in 1930,” explains Darren Day, Bentley’s Head of Interior Design. “Meanwhile, he had a unique one-of-one Speed Six coupe being built, with a body by Gurney Nutting. Even though the coupe wasn’t finished when the race took place, it’s that car (the coupe) that’s become associated with it and has since become an iconic Bentley. What we were influenced by is the idea of a three-seat car with a unique window line and super slick proportions used for grand tours.”
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The EXP 15 concept car features a unique, three-door, three-passenger layout under a sweeping, dramatic roofline lifted from the 1930 tourer. “The seat can rotate and you step out, totally unflustered, not trying to clamber out of the car like you see with some supercars,” continued Day, before dropping the biggest hint yet as to who they’re building the car for. “You just get out with dignity and the Instagram shot is perfect.”
Bentley EXP 15 interior
While almost no technical specs have been revealed other than “full electric,” Bentley says its new concept’s innovative interior layout allows passengers to stretch out in comfort alongside accessible storage compartments that can house a bar, hand luggage, or even pets. The EXP 15 even offers tailgate seating for outdoor parties or suburban soccer games.
But, while the new concept is tall, Bentley hopes it manages to offer the commanding driving position and comfort of an SUV while giving off the “vibe” of a classic grand tourer – something Bentley thinks could be the next wave of the luxury car market.
“The beauty of a concept car is not just to position our new design language, but to test where the market’s going,” offers Robin Page, Bentley Director of Design. “It’s clear that SUVs are a growing segment and we understand the GT market … but the trickiest segment is the sedan because it’s changing. Some customers want a classic ‘three-box’ sedan shape, others a ‘one-box’ design, and others again something more elevated. So this was a chance for us to talk to people and get a feeling.”
As before: no specs, no range estimates, and no promises about if and nothing definitive about when the oft-promised all-electric Bentley will finally bow – but this is certain: when it does arrive, it will be big, brash, and fast.
Electrek’s Take
Now that SUVs are everywhere and in every segment, automakers are desperate to explore or open new niches, hoping to find that next “SUV-like” growth segment. As weird as the three-door, three-seat EXP 15’s interior layout is, you have to admit that it’s different. And, for a vehicle that spends 90% of its time with just one person inside it, it might be more than practical enough.
Let us know if you think Bentley has a winner, or just another concept car gimmick on its hands in the comments.
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