Affordability has remained a nagging problem area in the electric vehicle market for years. But that’s changing as car companies look to capture mainstream buyers and fend off the threat of cheap, high-tech EVs from China.
A handful of future EVs costing $35,000 or less are on the way over the next few years.
The Kia EV3 is a funkily styled, small crossover that’s slated to cost around $35,000. It’s headed for the U.S. “after 2025,” Kia says, so that the company can take some time to figure out whether the SUV can qualify for a federal EV tax credit. If that works out, the EV3 could effectively start around $27,500.
