The Chinese car manufacturer Kandi is unveiling two of its first electric vehicles with one, the K27, going for as little as $10,000. To enjoy this affordable price, you have to be among the early adopters who will receive tax incentives amounting to $7500 to attain the price stated above. The other customers will have to pay as much as $12400 for this Chinese electric car.
This Chinese K27 EV has a mileage range of 100 before requiring a recharge. Kandi hopes that it can be enlisted in the sanctioned environmentally friendly cars before mass-producing the Evs. The company is waiting for approval by the US reviewers concerning its reliability and efficiency. The low price of the K27 electric car is attributable to a less powerful battery pack, with the vehicle having a maximum acceleration speed of 63 miles per hour.
Kandi’s CEO, based in America, Johnny Tai, submits that the car takes time before reaching its maximum acceleration due to the feeble engine. K27 is yet to allow any giant reviewer to conduct test drives to assess its capabilities. Tai explained that the car’s design would enable it to act as a messenger car and not a long trip vehicle.
Kandi says that K23 will be the viable option for customers seeking a travel car because of its massive size and a slightly durable engine compared to K27. K23 can maneuver through 188 miles before the next charge with a maximum of 70 miles per hour. Nevertheless, the car is still not so fast with the engineers stating that the vehicle aims to make EVs affordable for the Americans living below the average income level.
The same principle of low prices applies to the first one thousand customers who will buy K23 at $20,000 before the subsequent buyers take it at $22,500. Despite the low prices, Americans are skeptical about Kandi since they are not sure about its reliability and its cars’ performance. The directors came out to defend the company, saying that it has once collaborated with Wrench, the car repair and maintenance company. The executives further explained that their electric vehicles come with 50000 miles and a four-year warranty.
Tai stated that Kandi’s cars are safe unless customers receive a contrary report from the NHTSA negating this truth. NHTSA deferred with this argument, telling Kandi to articulate its compliance with the outlined regulations rather than pinning the agency’s blame. Coleman Sachs, the auto industry analyst, stated that the NHTSA is right to submit the above statement adding that the purpose of this agency is to intervene when customers complain of defiance and non-compliance of the firm to the stipulated regulations.
Kandi is adamant about showcasing the crash tests revealing the impact of crashes on these vehicles. Tai further said that the firm does not wish to rival the giant automakers, and therefore, it did not see the value of shedding some light on the new electric vehicles’ crash tests. To conclude, Tai reiterates that they intend to bring in more Evs into the United States, including Coco, which also targets low-income earners. The firm stated that it has no objective of challenging the automotive industry giants. The firm’s primary goal is to retain its lead in the small EV automakers competition.