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Low blow to Tesla with the arrival in the US of two Chinese electric cars that will be the cheapest in the North American market

The K27 and K23 of the Asian Kandi will be available for presale in the country from August 18, at a price of $ 12,999 and $ 22,499, respectively.

Chinese electric car maker Kandi Technologies Group announced on July 29 the official launch of two of its models in the United States.

Vehicles K27 and K23 will be available in the North American country through the Kandi America subsidiary from next August 18, day in which the virtual pre-sale event will take place. Customers will be able to make their reservations with a refundable deposit of $ 100 and delivery is scheduled for the last quarter of 2020.

As for its characteristics, the K27 is a compact car for up to four passengers with a lithium battery of 17.69 kilowatt hours (kWh) that gives it a range of 160 kilometers, ideal for the city.

For its part, the K23, although it qualifies as a compact, is a sports utility vehicle significantly larger than its brother and is equipped with a 41.4 kWh battery, which allows a driving range of more than 289 kilometers.

The news of Kandi’s arrival in the US skyrocketed his share value in the past two days, as, priced at $ 12,999 and $ 22,499 for the K27 and K23 respectively, these electric cars become the cheapest in the US market, pick up the portal TechCrunch. This could be a low blow to leading domestic manufacturers in the segment, such as Tesla, whose most affordable model (Model 3) has an initial cost of $ 31,690.

“Kandi’s mission is to make electric cars are accessible to all. With these first two models, we are beginning an evolution that will allow anyone, regardless of financial status, to afford a reliable, high-tech electric car. ” he claimed This Thursday Johnny Tai, CEO of Kandi America.

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