Kandi Technologies Group Inc has announced the formal launch of the most affordable pure electric automobiles in the US market, the Kandi K27 and K23 models. The cars will be sold by Kandi America, the trade name of Kandi's wholly owned subsidiary SC Autosports LLC. Sales will initially focus on the Dallas-Fort Worth metroplex.
To support the launch, Kandi is unveiling a marketing campaign entitled "Kandi. Auto EVolution for all" that centers around a live virtual launch event on August 18 to kick-off pre-sales. Customers can reserve their models K27 or K23 EVs with a fully-refundable $100 deposit, which will be available for delivery in the fourth quarter of 2020. For further information see the IDTechEx report on Electric Vehicles 2020-2030: 2nd Edition.
"Electric vehicles have been valued for years for their efficiency, sustainability and innovation. However, owning the 'it' car often eluded consumers who desired a great EV alongside all the other comforts of modern living. Kandi is changing that by revolutionizing the EV-buying experience for many," said Johnny Tai, CEO of Kandi America. "Kandi's mission is to make electric cars accessible to all. With these first two models, we are starting an Auto EVolution that will enable anyone, regardless of their financial status, to afford a reliable, high-tech EV."
Xiaoming Hu, Chairman of Kandi Technologies, added, "We are excited to see this culmination of years of effort, the introduction of new, exciting Kandi EVs into the US market. Other EV peers have mainly served the high end of the market, while Kandi has always had a vision to bring the benefits of EVs to the mass market. We think our new K23 and K27 models will open a new world of modern transportation to the vast U.S. middle class, for whom EV choices have been scarce. We look forward to welcoming new buyers to the Kandi customer family."
Priced at $12,999 after federal tax credits, the K27 is a compact model with ample interior space that can comfortably accommodate up to four passengers. The car features a 17.69 kWh Lithium battery and a driving range up to 100 miles, making it an ideal automobile for urban driving.
For those in the market for a larger vehicle with more trunk space, the K23 is priced at $22,499 after federal tax credits. The size of a small SUV, this model includes a 41.4 kWh Ternary Lithium battery and a driving range of more than 180 miles.
Source: Kandi Technologies Group Inc