A Chinese electric vehicle maker, Regal Raptor Motors under its brand ElectricKar, has bagged the title of producing the world’s most affordable electric car called K5. The ElectricKar K5 is a small electric vehicle and can be better referred to as a quadricycle.
World’s Cheapest Electric Car Price & Availability
The ElectricKar K5 is priced at $2,100 (around INR 1.53 lakh) in China. The price is about equivalent to the newly launched Samsung Galaxy Z Fold 3 (review) which currently selling at INR 1.50 lakh onwards in India. The electric vehicle is retailing on the eCommerce giant Alibaba. Also, anyone buying more than 9 units will get the K5 down to $1,800.
ElecticKar K5 Features
The company has equipped an 800W power motor in the quadricycle that is said to help the car to achieve a maximum speed of 40km/h. The K5 is packed with a 2.7kWh battery. The manufacturer claims it to be fully charged in 8 hours and covers a distance of 66km in a single charge.
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The design of the car is simpler than said. It has the capacity to accommodate two people. The dimension of the car is 2.2m long, 1.09m wide, and 1.62m in height. It weighs around 255kg. The price of the ElectricKar K5 makes it ideal for people who are looking for a low-cost car with modest features.
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On the other hand, the newly launched Ola S1 Pro electric scooter has a powerful 8500W motor and 3.97kWh battery. The model has a top speed of 115km/h with a range of 181km. The base model Ola S1 is priced at INR 99,999 and the S1 Pro will cost INR 1,29,999. The Ola electric scooter is set to go on sale on September 8.