What is extremely pleasing for me to hear is that Kia Worldwide (and by extension Hyundai Motor Company (현대자동차) ) are working on low cost Electric Vehicles.

The EV2 is rumored to cost as little as $15,000, and I expect that it will primarily be aimed at Europe and Asia - especially China. Though there is a chance it could come to North America, particularly Mexico.

Utilitarian and boxy, it reminds me of the original Scion xB and Nissan Cube. The EV3 is larger, more stylish and likely priced from $25,000 - right up against low cost models from Ford Motor Company and Tesla.

However, the latter is rumored to be halted and turned into a robotaxi.
(Which seems like a bad idea)

For North America, cars like this are needed as soon as possible to keep EV sales momentum up, and address a key criticism of price so far.

This makes the EV3 particularly a juicy purchase.

However, North American battery production and supply chains are not yet mature, and the IRA makes importing such vehicles difficult without local production.

So, hopefully these Kia model are localized and EV volumes continues to grow.

More here
https://lnkd.in/gTTVYrbj

And here
https://lnkd.in/gjSi-N8q