Kia's EV2 Electric SUV Spotted Testing, Signals Affordable EV Push

As Tesla cancels its plans for a budget Model 2, Kia ramps up its affordable electric vehicle lineup with the new EV2, aiming to dominate the lower-cost market.

Kia's EV2, an affordable electric SUV, was recently spotted in testing, hinting at a price around $15,000.
Tesla has reportedly halted development on its $25,000 Model 2, focusing instead on autonomous technologies.
Kia plans to expand its electric vehicle offerings, including the EV3 and EV4, priced competitively in the lower-end market.
The EV2's debut comes amidst a broader initiative by automakers to introduce more affordable electric vehicles globally.
Kia's strategy includes leveraging its successful E-GMP platform, shared with models like the Hyundai Ioniq 5, to offer competitive pricing and features.