@@andrewkaiser7203 The current extra profit in ICE cars is also subsidizing the investment into EV's. On the GHG side "The agency estimates vehicle manufacturers will pay more than $14 billion in noncompliance penalties."
@@miked8121 Actually, they have to pay whether they make a profit or not. And their profits are shrinking. At this point, maybe they remove the penalty. Legacy is already highly incentivized to go EV. Penalties will just make it harder.
So I’ve noticed the high end priced EV’s have definitely slowed in sales. However, $30-$50K EV sales are booming. And my future is waiting on either a used Tesla Model 3 or a Model 2! With the current charging network in the US, it’s a no brainer. Thank you for all you do Sam. Keep up the great work!❤
Look at the tam vs msrp for vehicle's, in the 20-45k range it's about 65-70% of ALL vehicle's sold globally. So yeah legacy ice oems are scared shitl*ss that evs in the next 24 months will arrive at real sellable volumes in the 20-35k price ranges. They know this is the deathstroke for them. Ad in ev trucks from the cybertruck, rivian r1t, geely rd6, to byd and other's=#endoftheiceage. 😎
Why should we spend big on tech that improves so quickly & there's less space on the roads from ugly 4WDs/large vehicles - all this during the increasing co$t of living
It seems to me that the electric car should be much less complicated than an ice car. With similar sales volumes, I really don’t understand why they wouldn’t be much cheaper.
Affordability is only part of the problem with mass adoption. It's the payback time on investment. Cars are not typically considered investments as they are a depreciating asset. However, the difference between cost of ownership and cost of operation can be considered as the "ROI" when deciding between ICE and EV. In my part of the country an EV can be fueled at about 1/4 the cost of gasoline. If your looking to buy a new car anyway, and you can get the EV at a comparable cost or even slightly higher, It doesn't take long to recoup the difference in fuel costs alone. All things considered, my recent EV purchase was about 10% higher than a comparably equipped ICE vehicle. I'm saving about $2000 per year on fuel and maintenance cost so I'l break even in about another 9 months, and I'm still in current year, 2023. For most people it's not about the carbon it's about the dollars.
I currently own & drive a Kia Sportage 2018. When I have sufficient collateral I plan on either a Tesla Model Y or Model X. I prefer the Tesla to the Kia because of : 1. Software 2. Tax Incentives 3. Efficiency 4. Tesla's Mission Statement 5. Speed of innovation & above all else 6. safety! Tesla have been determined to be the safest EV & that alone is my reason to buy!
I’m happy to see indications that affordable EVs are coming. I’d probably recommend Tesla over others, because of Tesla’s software and charging network advantages, but who knows? Kia/Hyundai make some very good cars.
More promises of jam tomorrow but great to see cheaper options in the EV market. Let’s wait to see what the launch price is and what you get for the money when it finally launches. The MG4 in already available sub £25k (via offers) and that looks like a bigger car than the Kia EV2. Also the are lots of great used options at less than £25k.
The EV industries have gone astray with luxury in order to compete with the ICE cars. The center of gravity should be in the utility and the economy. 10K $ should be the aim.
Tesla is the only one who has done it correctly, cars and chargers together, at least in the U S. Tesla is the only one worth consideration. ( I do not much care for Musk, but when it comes to getting things done he is the one to go to, credit where credit is due.)
@@miked8121 Hughes ended up going crazy. Elon was doing a pretty good Howard Hughes imitation for a while there, but he seems to have quieted down of late.
As the owner of a Kia e-Niro since 2019 this is all good news. They seem to be doing something right as after 91,000 km ours hasn't put a foot wrong and a recent battery health check showed all 294 cells reaching the nominal voltage, so it hasn't started using the 3.5 kWh buffer yet. Efficiency is winter/summer 14.1 kWh/100 km, so comfortably over 4 miles/kWh. As for 50% of sales being EV by 2030, this isn't a "bad decision" it's classic Hyundai Motor Group under promising and over delivering, which they have done consistently with their EV sales predictions since 2019. The Korean 'chaebol' system gives them a tendency to keep battery supply 'in the family' so to speak and SK Innovation and LG have not been able to keep up with demand from HMG in the past. With all the new battery plants under construction that would have changed by 2030 and I suspect >50% of their sales will be EVs
My 2022 Kia e-Niro was a dud and just quit without warning. It had over 70 miles range left and it just croaked. After multiple break downs and tows to the dealer they were never able to fix it and make it reliable. I asked them to buy it back and they refused. they wanted me to just keep bringing it to the dealer every week forever. I had to lawyer up and use the lemon law. No more EV's for me. I need a reliable car that the dealer/manufacturer can actually fix when it breaks and not give endless excuses that they are waiting for a software update.
@@bigmacdaddy1234 Sorry to hear you had a bad experience. The e-Niro owners club on Facebook in the UK has over 3,000 members and very few have reported and powertrain problems. A friend here in France has a 2017 Hyundai Ioniq which is built on the same platform as the Niro but has a smaller battery, he's done over 100,000 km now and the only thing he had break was one of the regen paddles which was fixed under warranty. Your Kia dealership sound like a nightmare, I hope you get compensation but don't give up on all EVs, they are inherently more reliable and much cheaper to run than fossil fuel cars.
@@bigmacdaddy1234 My 2017 Tesla has been very reliable. Your Kia may have been a lemon (probably dealer incompetence) but don't give up on all EVs. Gas cars have had lemon problems forever.
There is a huge concerted effort by the commercial news media to dampen down enthusiasm for BEVs and, to some extent, renewable energy, (it even affects non-advertising public news media like the UK BBC), and its basis plays to traditional fears of the unknown, making it easier for uninformed people to dismiss electric vehicles and electrification. People simply don't know what they're missing.
I would prefer to buy a Telsa 2. However, I am hoping to become a proud owner of an Aptera in late 2024! I hope you can do a video on Aptera and what it has to offer as compared to the others, thanks again!
My 2008 Kia Rio -( basic, basic, basic car) is still functionally perfect at 328,000 km. My wife's Sonata hybrid is going strong at 200,000. Excellent cars! We are waiting for an EV that we can afford to buy. I rate Ford and GM together with the cheapest of Chinese ones as "never gonna get there car makers" while much of the rest of the field may in fact "get there" with the production of ultra-reliable automobiles powered by electricity. When long charging times are a distant memory, and electronics have become consistently robust, I expect the prices will be in our range. In the meantime we watch while the bleeding edge crowd do the R&D for builders who have to expect major call-backs.
Can you make a video on why: in China, the cheapest EV costs 8% less than the cheapest combustion engine. In the US, the cheapest EV is 146% more expensive than the cheapest combustion engine car based on a report from JATO Dynamics.
I would probably be more tempted with the KIA ev2, simply as there is a large dealer nationwide network ( one in my town) and have had no issues with the current picanto we own and also the full 7 year warranty has been handy ( replaced a blown fog light in year 5 during its service not even asked, they just did it) Currently the nearest tesla workshop is 100+ miles away and the nearest tesla charger is 56 miles.. and i dont suspect much will change in the next 2 years
FACTORIAL ENERGY, need a video on that, supposed to be the US supplier for Kia/Hyundai in the near future, and they're working on solid state batteries. They're based near Boston, MA.
V2G would be brilliant. Most daily drives are only 7kwh. Most vehicles are parked 23hrs a day. Most robotic vacuum cleaners are parked 23hrs a day at home. Selfparking EV2 with V2G would be brilliant. Just selfpark the last metre as it plugs itself into the house. Most people looking to spend $14,000 on a TESLA home battery would love an electric vehicle with its 'free' big battery and a V2G feature. Every home with rooftop solar PV would love this car. 😊😊😊😊😊😊
Good news! An affordable, small, EV, work pickup would be great too. Seems like the American legacy automakers have sealed their doom by ceding the affordable car market to other countries. Does the US really beef three specialty manufacturers of Rolls Royce-priced, monster trucks?
The Energy Department Monday announced $1.3 billion to build three power lines across six states, part of new money to upgrade America’s electric grids to handle more wind and solar power and better tolerate extreme weather. Officials warned that money won’t be enough. In a report published the same day the Energy Department said the nation’s network of transmission lines will need to expand by two-thirds and more by 2035 to meet Biden’s goals to power the country with clean energy. That would help reduce carbon dioxide emitted by gas and coal-fired electric plants - pollution heating the planet. But it would require hundreds of billions of dollars in investment and frenzied construction.
@@417ah7 Carbon dioxide (CO2) is an important heat-trapping gas, also known as a greenhouse gas, that comes from the extraction and burning of fossil fuels (such as coal, oil, and natural gas), from wildfires, and natural processes like volcanic eruptions. WHY WASTE ANYONE'S TIME WITH YOUR PROPAGANDA. EVEN FOSSIL FUEL EXECUTIVES ARE ADMITTING THE DANGERS OF MASSIVELY INCREASED LEVELS OF HUMAN-CREATED CO2. BE BETTER!
I want a $30,000 Honda EV, not a GM Honda. Honda is saying 2030. That’s 7 years. We have a Clarity and drive weeks on just electricity. Honda no longer builds plug-ins. Honda never tried to sell the Clarity. No advertising. Every car we went to look at the dealerships,when we purchased ours ,the EV batteries were dead. They tried to talk us out of buying one. The salesman told me that they didn’t sell very many of those. I told him ,I’m sure you don’t. One hour later I bought it at a different dealership, also with a dead EV battery.
Model 2 needs to be able to modify the back 1/3 of the vehicle to easily convert to a mini pickup and mini van mimi pizza with oven all for the purpose of making a small delivery car. I idea of unfasten the back and attach an alternative rear end. That makes car more practical and truly multi purpose
Hyundai/KIA have been killing it with their EV transformation. I want to see how the EV4 turns out but I wish they would make the N Vision 74 concept! 🗣
I hope the press makers can supply in a timely manner. 😀. Anything with sub 60kWh battery pack is fine by me. Anything above this is an affront to scares resources. More efficiency, not bigger packs to extend range is key for future EVs IMO.
@@peteinwisconsin2496 Yes, I can’t help but notice how much effort Bjorn Nolan’s puts into his recharging videos on RUclips. As he sort of says, you have too be an maths and science ninja to work out the best way of charging your EV for best effect. I am not sure how Families will cope when going on holidays,but still. As most budget EVs don’t really tell you what’s going on in the battery pack, he relies on battery scanners to inform him, and usually the pack is too hot (rapid-gating) to accept a reasonable charge rate. It’s all Fermi’s law in the end and does not seem to matter what EV manufacturers do to speed up the charge rate, it will probably fail. Nio’s ideas of battery swapping stations is not as far fetched as it sounds and the vids on this seem to suggest its a pleasant and straight forward change over of less than 10 minutes. It’s not without its down side of course (cost being one of them), but getting a used pack of unknown service life loaded into your EV sounds too problematic for my liking. Just my opinion there.
On 02/21/2024 I called various dealerships in Fl. for this new EV2 vehicle. Since, this vehicle is within most everyone's budget. The dealerships knew nothing of this production vehicle. My question is two fold, can the vehicle receive updated Over-The-Air-Updates and will the charge port be without the adapter be compatible to that of the Tesla ? I hope so, please comment if anyone knows please.
There will be plenty of chargers within a couple years. Tesla is opening their system, and almost all carmakers are switching to the Tesla NACS format. BP just placed an order with Tesla for 100,000 superchargers. They will be BP Pulse branded, and presumably located at BP stations.
Late? The EV evolution has only started! Tesla is leading thr pack and encourages it. As for the smaller/cheaper vehicles, I'm assuming they are not as profitable as the mid to high range ones. Most manufacturers are already "losing" money on each vehicle, imagine a 20-25k and losing 5 to 8k on each vehicle...it'll all catch up sooner rather than later over the next few years.
@@jkim5746 I don't think Stellantis plan to lose money on the new Citroën ë-C3, at a price set to € 23 300 in Europe! They are improving the manufacturing process!
Chances of EV2 becoming available in 2026 are more realistic than the production of the model2… And as with most Tesla’s, it probably get top speed of 200kmph, and accelerate 0/100kmph in 3 seconds. Fun, but absurd. The 500km range of the EV2 sounds more realistic to me.
As a TSLA stock holder all I can say is that I feel Tesla is playing it "safe" right now. Too safe given their cash reserves. I would like to see Tesla go full bore on Giga Mexico and get it ready to pump out cars. I do understand that they need to fully work out the new unboxed assembly method before they will know how to design the interior of the new factory. However the footprint itself should be good to go and I'd like to see that foundation go in ASAP. Otherwise they will lose low cost EV market share to companies like Hyundai and Kia. If I had to guess I'd think that FSD is the problem. It might be getting so good that Tesla may again be rethinking whether they want to make the gen3 with a steering wheel and pedals after all and just design the new factory to not include these sections. Regardless, I'd like to hear Tesla announce other new factory locations. All of a sudden those rumors have dried up.
It is not too safe if they did their calculations based on internal data, etc Ai investment and non vehicles development capital costs. Remember, wider war could happen in the Middle East.
@@nguyep4 True, but on the cash reserves they have now they could shut down all factories but still keep everyone on the payroll and last for five or more years. A little excessive. My hope is that they will announce and build multiple factories with this horde of cash.
Hyundai Group is a major diversified corporation in South Korea. The international company supplies a product line that ranges from ships to stereo equipment. Headquarters are in Seoul. Hyundai began as a construction firm founded by Chung Ju Yung in 1947. GIGA press would be just more big engineering.
I WOULD CHOOSE A CAR WITH LFP BATTERY CAUSE IT MAY NOTBE AS ENERGY DENSE BUT SEEMS TO BE MORE RELIABLE ' CHEAPER AND LAST LONGER ACCORDING TO THE INFORMATION OUT THERE .
I'd prefer an aluminum or stainless body, but I am less inclined for carbon fiber (fragility and expense of repair) or steel (rust). If either the Model 2 or EV2 did that I would be very tempted for a second car.
I was talking to a mechanic that works on newish cars that fail WOFs which are required in NZ. The biggest problem was rust, anything made with Chinese steel rusts like shit. I would not even touch any Tesla made in China
I'd take the EV2 over a Tesla M2. Kia's design language is very exciting, and they're re-imagining automotive design for the EV era in a way no other legacy manufacturer is doing. They deserve to succeed. One note of caution - the 800V electrics and 240kW charging have been game-changing on the EV6. It would be a shame not to extend that advantage to the rest of the EVn range.
How are they reimagining EVs? Really want to know. I have seen engineering analyses of their EVs and haven’t seen anything earthshaking but I am excited for companies first and foremost because of their innovation so I’d like to know what you’ve seen.
The main problem I can see here Sam is Kia are promising loads of models 1,2,3,4,5,9 - that’s a big spread of different models to make. Where is the production capacity to make these at any volume like Tesla and Chinese brands are thinking about? I can see Kia being spread too thinly - if and when Tesla Model 2 is out and ramped to potentially Millions of cars a year, Kia will be producing maybe 50,000 EV2’s to compete?
And Nissan may join the cheaper EV market, too. The company does not plan to replace the Versa and Sentra models with new versions by 2025, which means Nissan is preparing a smaller EV to cover the lower-end sedan market.
Now this video is one I’d take seriously, albeit the price is unlikely to be that low in Europe. Kia have the capability to do this but can they make a profit at this level, not so sure.
20million vehicles in Australia and 1million new annually. EV sales are up 50% annually. If Australia went to 2million new EV annually, then in 5 years, the grid in V2G would be independent of fossil fueled electricity generation plants.
The big transition to EVs will happen when the basic economy EV hits the market. So if Kia can deliver an EV at a good price they will sell tons of them.
Sam, giga-casting and other efficiency manufacturing technology are not EV exclusive, it can be applied equally to all new vehicles, whether they are EV or not. This revolution should infact make all cars cheaper to buy.
In theory yes but investment in new ICE platforms today is a waste of money, the asset will be stranded. Gigacasting is better suited to an EV platform which lets face it is built to accommodate the battery and far fewer components than an ICE car.
The BYD Seagull will have this small car market captured well before both the Kia and Tesla 2 are available. Way cheaper, comfortably seats 4 adults and looks like a mini Lamborghini 🎉
So make two version of the modified Model 2 one will be a sedan and the other vehicle can be for utility use. Maybe a really small mini van. where you can have the ability to make modification rear attachments that are sold by Tesla. With FSD it can be a delivery car for food. Yes. think outside the box and the world will come knocking on your door to buy such vehicle
I think EV2 might be the better investment in the long run, if V2L is supported out if the box. I still think all three are still too expensive for their market tier pricing.
only thing that we have been missing over the last few years of the EV experience is the government official saying that Extremely Volatile cars are completely 'safe and effective' 😂😂😂
Tesla are going to find the Model 2 target market crowded and with serious competition!! Someone needs to go further and create robust, stripped back vehicles for Africa and India!!!!
They will seal the deal with these cheaper EVs. The big 3 only care about the overpriced expensive market, and they don't understand that these cheaper EVs not only sell well even if the margins are not as great, they lead people toward their more expensive cars as they buyers age and maybe make more income.
It’s good to see manufacturers addressing the needs of most drivers. We don’t need/want any more $100k SUVs.
But keep in mind, the early adopters who buy the pricey EV's fund the ability to manufacture more affordable EV's.
@@andrewkaiser7203 God bless people with money who are willing to spend it. Without them where would we be?
@@andrewkaiser7203 The current extra profit in ICE cars is also subsidizing the investment into EV's. On the GHG side "The agency estimates vehicle manufacturers will pay more than $14 billion in noncompliance penalties."
@@miked8121 Actually, they have to pay whether they make a profit or not. And their profits are shrinking. At this point, maybe they remove the penalty. Legacy is already highly incentivized to go EV. Penalties will just make it harder.
We do in Australia.. look on the road .. everything is bigger
So I’ve noticed the high end priced EV’s have definitely slowed in sales. However, $30-$50K EV sales are booming. And my future is waiting on either a used Tesla Model 3 or a Model 2! With the current charging network in the US, it’s a no brainer. Thank you for all you do Sam. Keep up the great work!❤
Look at the tam vs msrp for vehicle's, in the 20-45k range it's about 65-70% of ALL vehicle's sold globally.
So yeah legacy ice oems are scared shitl*ss that evs in the next 24 months will arrive at real sellable volumes in the 20-35k price ranges.
They know this is the deathstroke for them. Ad in ev trucks from the cybertruck, rivian r1t, geely rd6, to byd and other's=#endoftheiceage. 😎
Why should we spend big on tech that improves so quickly & there's less space on the roads from ugly 4WDs/large vehicles - all this during the increasing co$t of living
This price point is where ev adoption will really take off. Please let it happen sooner rather than later!
No it wont
It seems to me that the electric car should be much less complicated than an ice car. With similar sales volumes, I really don’t understand why they wouldn’t be much cheaper.
It's not going to happen. Regular people are no longer interested. They catch on fire too much and are too expensive to repair.
It already has.
It better travels 500 miles, not burn and will charge in 5-10 minutes.
I also want decent cargo space.
Affordability is only part of the problem with mass adoption. It's the payback time on investment. Cars are not typically considered investments as they are a depreciating asset. However, the difference between cost of ownership and cost of operation can be considered as the "ROI" when deciding between ICE and EV. In my part of the country an EV can be fueled at about 1/4 the cost of gasoline. If your looking to buy a new car anyway, and you can get the EV at a comparable cost or even slightly higher, It doesn't take long to recoup the difference in fuel costs alone. All things considered, my recent EV purchase was about 10% higher than a comparably equipped ICE vehicle. I'm saving about $2000 per year on fuel and maintenance cost so I'l break even in about another 9 months, and I'm still in current year, 2023. For most people it's not about the carbon it's about the dollars.
I currently own & drive a Kia Sportage 2018. When I have sufficient collateral I plan on either a Tesla Model Y or Model X. I prefer the Tesla to the Kia because of : 1. Software 2. Tax Incentives 3. Efficiency 4. Tesla's Mission Statement 5. Speed of innovation & above all else 6. safety! Tesla have been determined to be the safest EV & that alone is my reason to buy!
...and ZERO customer service from Tesla. Good luck.
Just know that as an owner of Tesla, if you ever get in an accident you won't see your car fixed for a month maybe longer
As soon as there's a 20-something EV that I can use as a second or 3rd car for in-town driving, I'm getting one. And there are millions like me.
I am waiting for a used EV that sells below $20,000.
Chevy Bolt
I’m happy to see indications that affordable EVs are coming. I’d probably recommend Tesla over others, because of Tesla’s software and charging network advantages, but who knows? Kia/Hyundai make some very good cars.
It's nice to have those advantages... but not if you can't afford the vehicle at all.
I would buy the one with the LFP battery and the longest range
More promises of jam tomorrow but great to see cheaper options in the EV market. Let’s wait to see what the launch price is and what you get for the money when it finally launches.
The MG4 in already available sub £25k (via offers) and that looks like a bigger car than the Kia EV2. Also the are lots of great used options at less than £25k.
Let Tesla sell his cars to the fat cats Kia take care of the average cats there a lot of us waiting
The EV industries have gone astray with luxury in order to compete with the ICE cars. The center of gravity should be in the utility and the economy. 10K $ should be the aim.
Tesla is the only one who has done it correctly, cars and chargers together, at least in the U S. Tesla is
the only one worth consideration. ( I do not much care for Musk, but when it comes to getting things done
he is the one to go to, credit where credit is due.)
Tesla certainly was/is leading the charge.
Musk is kind of like Howard Hughs of 1970's. Brilliant but lots of haters.
@@miked8121 Hughes ended up going crazy. Elon was doing a pretty good Howard Hughes imitation for a while there, but he seems to have quieted down of late.
As the owner of a Kia e-Niro since 2019 this is all good news. They seem to be doing something right as after 91,000 km ours hasn't put a foot wrong and a recent battery health check showed all 294 cells reaching the nominal voltage, so it hasn't started using the 3.5 kWh buffer yet. Efficiency is winter/summer 14.1 kWh/100 km, so comfortably over 4 miles/kWh. As for 50% of sales being EV by 2030, this isn't a "bad decision" it's classic Hyundai Motor Group under promising and over delivering, which they have done consistently with their EV sales predictions since 2019. The Korean 'chaebol' system gives them a tendency to keep battery supply 'in the family' so to speak and SK Innovation and LG have not been able to keep up with demand from HMG in the past. With all the new battery plants under construction that would have changed by 2030 and I suspect >50% of their sales will be EVs
My 2022 Kia e-Niro was a dud and just quit without warning. It had over 70 miles range left and it just croaked. After multiple break downs and tows to the dealer they were never able to fix it and make it reliable. I asked them to buy it back and they refused. they wanted me to just keep bringing it to the dealer every week forever. I had to lawyer up and use the lemon law. No more EV's for me. I need a reliable car that the dealer/manufacturer can actually fix when it breaks and not give endless excuses that they are waiting for a software update.
@@bigmacdaddy1234 Sorry to hear you had a bad experience. The e-Niro owners club on Facebook in the UK has over 3,000 members and very few have reported and powertrain problems. A friend here in France has a 2017 Hyundai Ioniq which is built on the same platform as the Niro but has a smaller battery, he's done over 100,000 km now and the only thing he had break was one of the regen paddles which was fixed under warranty. Your Kia dealership sound like a nightmare, I hope you get compensation but don't give up on all EVs, they are inherently more reliable and much cheaper to run than fossil fuel cars.
@@bigmacdaddy1234 My 2017 Tesla has been very reliable. Your Kia may have been a lemon (probably dealer incompetence) but don't give up on all EVs. Gas cars have had lemon problems forever.
Just as Elon predicted, seems like Hyundai & Kia will survive in the new automotive era. Good for them.
KIA is moving forward their introduction date. This is a feat I would like to see Tesla perform.
There is a huge concerted effort by the commercial news media to dampen down enthusiasm for BEVs and, to some extent, renewable energy, (it even affects non-advertising public news media like the UK BBC), and its basis plays to traditional fears of the unknown, making it easier for uninformed people to dismiss electric vehicles and electrification. People simply don't know what they're missing.
I would prefer to buy a Telsa 2. However, I am hoping to become a proud owner of an Aptera in late 2024! I hope you can do a video on Aptera and what it has to offer as compared to the others, thanks again!
Kia, Hyundai, and Genesis are giving the auto manufacturers a run for their money!!!!! I love it....
No.
No.
No? I see Kia, Hyundai, and Genesis everywhere in California.
@@mauriciomendez1912Because you're poor. You don't see rich people driving Korean cars. LMFAO SMH
Because I'm poor⁉️😂 I live in the Monterey Bay area. There's GT3's, Ferrari's Bugattis, Lamborghini and McLaren's everywhere...m😂
Is Fisker Ocean a good option?
My 2014 KIA Sorento has 314,000+ miles and still going strong. ¯\_(ツ)_/¯
And it didn't catch on fire when it got wet or got into a fender bender??? Amazing!
You got a good one. The other 98% are in the scrapyard.
My 2008 Kia Rio -( basic, basic, basic car) is still functionally perfect at 328,000 km. My wife's Sonata hybrid is going strong at 200,000. Excellent cars! We are waiting for an EV that we can afford to buy. I rate Ford and GM together with the cheapest of Chinese ones as "never gonna get there car makers" while much of the rest of the field may in fact "get there" with the production of ultra-reliable automobiles powered by electricity. When long charging times are a distant memory, and electronics have become consistently robust, I expect the prices will be in our range. In the meantime we watch while the bleeding edge crowd do the R&D for builders who have to expect major call-backs.
Can you make available the clip where Toyota called anyone stupid? Your cooperation is anticipated. Thank you.
Can you make a video on why: in China, the cheapest EV costs 8% less than the cheapest combustion engine. In the US, the cheapest EV is 146% more expensive than the cheapest combustion engine car based on a report from JATO Dynamics.
Supply and demand, as always.
I would probably be more tempted with the KIA ev2, simply as there is a large dealer nationwide network ( one in my town) and have had no issues with the current picanto we own and also the full 7 year warranty has been handy ( replaced a blown fog light in year 5 during its service not even asked, they just did it)
Currently the nearest tesla workshop is 100+ miles away and the nearest tesla charger is 56 miles.. and i dont suspect much will change in the next 2 years
My nearest Tesla dealer is about 3 miles, and the nearest charger is in my garage. Nearest supercharger (which I have no reason to use) is 2.5 miles.
I find it inspiring that this guy makes the time to do these videos between the karate lessons he's giving...
Let’s face it, this is a game changer
How many this week? 😅
FACTORIAL ENERGY, need a video on that, supposed to be the US supplier for Kia/Hyundai in the near future, and they're working on solid state batteries. They're based near Boston, MA.
Also worth mentioning VW ID.2
Now that's promising!
V2G would be brilliant.
Most daily drives are only 7kwh.
Most vehicles are parked 23hrs a day.
Most robotic vacuum cleaners are parked 23hrs a day at home.
Selfparking EV2 with V2G would be brilliant.
Just selfpark the last metre as it plugs itself into the house.
Most people looking to spend $14,000 on a TESLA home battery would love an electric vehicle with its 'free' big battery and a V2G feature.
Every home with rooftop solar PV would love this car. 😊😊😊😊😊😊
So you want an electronic vacuum cleaner with V2G?😅
@danharold3087
You're as sharp as a bag of wet mash.
Hahaha
@@ZeusBullyMax
I will borrow one to teach the EV
Hahaha Hahaha
Good news! An affordable, small, EV, work pickup would be great too. Seems like the American legacy automakers have sealed their doom by ceding the affordable car market to other countries. Does the US really beef three specialty manufacturers of Rolls Royce-priced, monster trucks?
extremely affordable? or just below current avg EV car value?
Great news for the masses.
The Energy Department Monday announced $1.3 billion to build three power lines across six states, part of new money to upgrade America’s electric grids to handle more wind and solar power and better tolerate extreme weather. Officials warned that money won’t be enough. In a report published the same day the Energy Department said the nation’s network of transmission lines will need to expand by two-thirds and more by 2035 to meet Biden’s goals to power the country with clean energy. That would help reduce carbon dioxide emitted by gas and coal-fired electric plants - pollution heating the planet. But it would require hundreds of billions of dollars in investment and frenzied construction.
Carbon dioxide is needed and absorbed by trees, it is not pollution.
@@417ah7 Carbon dioxide (CO2) is an important heat-trapping gas, also known as a greenhouse gas, that comes from the extraction and burning of fossil fuels (such as coal, oil, and natural gas), from wildfires, and natural processes like volcanic eruptions. WHY WASTE ANYONE'S TIME WITH YOUR PROPAGANDA. EVEN FOSSIL FUEL EXECUTIVES ARE ADMITTING THE DANGERS OF MASSIVELY INCREASED LEVELS OF HUMAN-CREATED CO2. BE BETTER!
Morning mate
If the EV2 looks like that red one then definitely the EV2 PLEASE.
I want a $30,000 Honda EV, not a GM Honda. Honda is saying 2030. That’s 7 years. We have a Clarity and drive weeks on just electricity. Honda no longer builds plug-ins. Honda never tried to sell the Clarity. No advertising. Every car we went to look at the dealerships,when we purchased ours ,the EV batteries were dead. They tried to talk us out of buying one. The salesman told me that they didn’t sell very many of those. I told him ,I’m sure you don’t. One hour later I bought it at a different dealership, also with a dead EV battery.
Kia EV2 for the looks, Tesla M2 for the tech…………. Maybe the two companies should do a joint venture!
M2 for the safety.
Model 2 needs to be able to modify the back 1/3 of the vehicle to easily convert to a mini pickup and mini van mimi pizza with oven all for the purpose of making a small delivery car. I idea of unfasten the back and attach an alternative rear end. That makes car more practical and truly multi purpose
"Extremley affordable" is in the 15k range not in the 25k
If true - I will buy.
Hyundai/KIA have been killing it with their EV transformation. I want to see how the EV4 turns out but I wish they would make the N Vision 74 concept! 🗣
Kia EV2 and EV3 are very nice
What will be the price here in Australia 😊
Probably double it as usual.
Right now I would pick kia. Just based on tesla's no indicator stalks policy, short warranty and phantom battery drain.
I hope the press makers can supply in a timely manner. 😀. Anything with sub 60kWh battery pack is fine by me. Anything above this is an affront to scares resources. More efficiency, not bigger packs to extend range is key for future EVs IMO.
I agree that the problem is not range anxiety but really is charger anxiety.
@@peteinwisconsin2496 Yes, I can’t help but notice how much effort Bjorn Nolan’s puts into his recharging videos on RUclips. As he sort of says, you have too be an maths and science ninja to work out the best way of charging your EV for best effect. I am not sure how Families will cope when going on holidays,but still.
As most budget EVs don’t really tell you what’s going on in the battery pack, he relies on battery scanners to inform him, and usually the pack is too hot (rapid-gating) to accept a reasonable charge rate. It’s all Fermi’s law in the end and does not seem to matter what EV manufacturers do to speed up the charge rate, it will probably fail.
Nio’s ideas of battery swapping stations is not as far fetched as it sounds and the vids on this seem to suggest its a pleasant and straight forward change over of less than 10 minutes. It’s not without its down side of course (cost being one of them), but getting a used pack of unknown service life loaded into your EV sounds too problematic for my liking. Just my opinion there.
On 02/21/2024 I called various dealerships in Fl. for this new EV2 vehicle. Since, this vehicle is within most everyone's budget. The dealerships knew nothing of this production vehicle. My question is two fold, can the vehicle receive updated Over-The-Air-Updates and will the charge port be without the adapter be compatible to that of the Tesla ? I hope so, please comment if anyone knows please.
The Volvo EX30 is blazing the affordable EV trail IMO.
Vw id2 also in there.
EV2 if current N IRO EV is a good example.
The Extensive Kia Charging network is now up to a handful of stations, more are in the works for the next decade. Best of luck finding one.
There will be plenty of chargers within a couple years. Tesla is opening their system, and almost all carmakers are switching to the Tesla NACS format. BP just placed an order with Tesla for 100,000 superchargers. They will be BP Pulse branded, and presumably located at BP stations.
Go Slovakia!!
Why are KIA and others so late with smaller affordable EV's? Now my hope for 2024 is Citroën ë-C3 manufactured in Europe!
Late? The EV evolution has only started! Tesla is leading thr pack and encourages it. As for the smaller/cheaper vehicles, I'm assuming they are not as profitable as the mid to high range ones. Most manufacturers are already "losing" money on each vehicle, imagine a 20-25k and losing 5 to 8k on each vehicle...it'll all catch up sooner rather than later over the next few years.
@@jkim5746 I don't think Stellantis plan to lose money on the new Citroën ë-C3, at a price set to € 23 300 in Europe! They are improving the manufacturing process!
Citroen new e c3 is coming 24 and is 20k euro …now that s gonna change things big time
The Kia2 😀
EV2 V Model 2 👍
1:53 as long as I don’t tell my wife 😂😂😂. Come on we were all thinking it.
Would prefer Tesla Model 2, but budget is in the 2012 Nissan Leaf range :P
It's a mazing to see how.. in each and every vdeo you never spare a dart for your beloved Yotota. Aaaand 4 a good reason 😂
They need a Kia Picanto equivalent EV. Hopefully this will be it.
25k once options that make it driveable, taxes, fees, and markup, 40k out the door! What a bargain!
Chances of EV2 becoming available in 2026 are more realistic than the production of the model2…
And as with most Tesla’s, it probably get top speed of 200kmph, and accelerate 0/100kmph in 3 seconds. Fun, but absurd.
The 500km range of the EV2 sounds more realistic to me.
As a TSLA stock holder all I can say is that I feel Tesla is playing it "safe" right now. Too safe given their cash reserves.
I would like to see Tesla go full bore on Giga Mexico and get it ready to pump out cars.
I do understand that they need to fully work out the new unboxed assembly method before they will know how to design the interior of the new factory. However the footprint itself should be good to go and I'd like to see that foundation go in ASAP.
Otherwise they will lose low cost EV market share to companies like Hyundai and Kia.
If I had to guess I'd think that FSD is the problem. It might be getting so good that Tesla may again be rethinking whether they want to make the gen3 with a steering wheel and pedals after all and just design the new factory to not include these sections.
Regardless, I'd like to hear Tesla announce other new factory locations. All of a sudden those rumors have dried up.
It is not too safe if they did their calculations based on internal data, etc Ai investment and non vehicles development capital costs. Remember, wider war could happen in the Middle East.
@@nguyep4 True, but on the cash reserves they have now they could shut down all factories but still keep everyone on the payroll and last for five or more years. A little excessive.
My hope is that they will announce and build multiple factories with this horde of cash.
Hyundai Group is a major diversified corporation in South Korea. The international company supplies a product line that ranges from ships to stereo equipment. Headquarters are in Seoul. Hyundai began as a construction firm founded by Chung Ju Yung in 1947.
GIGA press would be just more big engineering.
BYD Seagull is quick & effective/affordable solution. Please ASAP
I WOULD CHOOSE A CAR WITH LFP BATTERY CAUSE IT MAY NOTBE AS ENERGY DENSE BUT SEEMS TO BE MORE RELIABLE ' CHEAPER AND LAST LONGER ACCORDING TO THE INFORMATION OUT THERE .
So you want to drive a Bomb around?
Talk about the Citroen e-C3
M@ M2 on Elon time. I think CT will be a big headache. Let's see what Kia can do, or VW ID2. But not holding my breath. BYD seems the one most likely.
If Kia does actually sell this car for $25,000 it's going to blow Tesla away.
I'd prefer an aluminum or stainless body, but I am less inclined for carbon fiber (fragility and expense of repair) or steel (rust). If either the Model 2 or EV2 did that I would be very tempted for a second car.
I'll guarantee you the Model 2 and EV2 will have steel bodies. That's part of how they hit the 25k target.
First ev under $25000 with good range wins in US
I was talking to a mechanic that works on newish cars that fail WOFs which are required in NZ. The biggest problem was rust, anything made with Chinese steel rusts like shit. I would not even touch any Tesla made in China
I'll believe Kia can make a good value Tesla competitor when I see it.
I'd take the EV2 over a Tesla M2. Kia's design language is very exciting, and they're re-imagining automotive design for the EV era in a way no other legacy manufacturer is doing. They deserve to succeed. One note of caution - the 800V electrics and 240kW charging have been game-changing on the EV6. It would be a shame not to extend that advantage to the rest of the EVn range.
How are they reimagining EVs? Really want to know. I have seen engineering analyses of their EVs and haven’t seen anything earthshaking but I am excited for companies first and foremost because of their innovation so I’d like to know what you’ve seen.
Sounds great! Keep your ice car on ice and daily drive is and EV.
The main problem I can see here Sam is Kia are promising loads of models 1,2,3,4,5,9 - that’s a big spread of different models to make. Where is the production capacity to make these at any volume like Tesla and Chinese brands are thinking about? I can see Kia being spread too thinly - if and when Tesla Model 2 is out and ramped to potentially Millions of cars a year, Kia will be producing maybe 50,000 EV2’s to compete?
They already produce a number of ice vehicles so all they need to do is convert those plants into producing ev vehicles instead.
@@GoodBoyGoneDad And therein lies the problem - the investment needed for that is huge.
We keep waiting for these evs....
I would prefer Tesla 2 if it has a hatch.
And Nissan may join the cheaper EV market, too. The company does not plan to replace the Versa and Sentra models with new versions by 2025, which means Nissan is preparing a smaller EV to cover the lower-end sedan market.
Now this video is one I’d take seriously, albeit the price is unlikely to be that low in Europe. Kia have the capability to do this but can they make a profit at this level, not so sure.
I am waiting for KiA EV5 ''Kia Sportage'' EV successor with 77kWh LFP batteries
20million vehicles in Australia and 1million new annually.
EV sales are up 50% annually.
If Australia went to 2million new EV annually, then in 5 years, the grid in V2G would be independent of fossil fueled electricity generation plants.
The big transition to EVs will happen when the basic economy EV hits the market. So if Kia can deliver an EV at a good price they will sell tons of them.
Kia EV 9 price in my country, starting from 100k USD I am shocked!
I’ll buy one with an indicator stalk
Kia is for those who want a new car but can't afford it... As long as there are alternatives to these battery-powered toys, that's what I'll choose.
AWD + 400 mile range + sub-$30,000 = take my money...
Take note
Excellent! We look forward to these in US! There will be many EV at or below $20K before CCP tries to come to US (and tesla). Great news
CCP will start showing up with cars from Mexico. About 1 more factory a year starting in ~2025
Sam, giga-casting and other efficiency manufacturing technology are not EV exclusive, it can be applied equally to all new vehicles, whether they are EV or not. This revolution should infact make all cars cheaper to buy.
In theory yes but investment in new ICE platforms today is a waste of money, the asset will be stranded. Gigacasting is better suited to an EV platform which lets face it is built to accommodate the battery and far fewer components than an ICE car.
The reason that KIA is fast forwarding is due to a glut of batteries on the market dragging down battery costs further.
The BYD Seagull will have this small car market captured well before both the Kia and Tesla 2 are available. Way cheaper, comfortably seats 4 adults and looks like a mini Lamborghini 🎉
You must be magic if you can compare a car that exists against ones that don’t yet.😅
So make two version of the modified Model 2 one will be a sedan and the other vehicle can be for utility use. Maybe a really small mini van. where you can have the ability to make modification rear attachments that are sold by Tesla. With FSD it can be a delivery car for food. Yes. think outside the box and the world will come knocking on your door to buy such vehicle
I think EV2 might be the better investment in the long run, if V2L is supported out if the box.
I still think all three are still too expensive for their market tier pricing.
V2L ??
V2Home? or V2Grid?
@@peteinwisconsin2496 vehicle to load. It means you can plug tools or whatever into your car. V2L is typically not enough power to run a house
kia, actually moved up the release date to 2024 for ev2
I think they are all playing catch-up after the success of the MG4
only thing that we have been missing over the last few years of the EV experience is the government official saying that Extremely Volatile cars are completely 'safe and effective' 😂😂😂
Gasoline is extremely volatile, in the chemical sense of the word. I guess that explains why gas cars have way more fires than EVs.
Gas cars ain't going anywhere
Too late to ban for safety now
But my Niro is called EV2
Confucius 🤔 😅
Telsa 2 is not real yet Sam. I wish they would make it though. Really its still a concept car, in people heads.
Tesla are going to find the Model 2 target market crowded and with serious competition!! Someone needs to go further and create robust, stripped back vehicles for Africa and India!!!!
Tesla too late again. Now Tesla needs to aim for e mopeds.
Africa doesn’t have roads and you need to be able to read numbers like the speed limit.
Create your own. You have engineers all over the country.
At last, I’ll be able to replace my current ICE Kia.
They will seal the deal with these cheaper EVs. The big 3 only care about the overpriced expensive market, and they don't understand that these cheaper EVs not only sell well even if the margins are not as great, they lead people toward their more expensive cars as they buyers age and maybe make more income.