Kandi claims $7,999 effective cost in California for 59-mile electric car

Here are the first 3 paragraphs of a story just published on greencarreports.com:

“Kandi America announced Tuesday that the lowest-priced of its two small, Chinese-made electric cars has been EPA certified and cleared for California roads, and the company is preparing to start deliveries in the state. 

“Considering both the federal EV tax credit and Kandi’s eligibility for the state’s $2,000 incentive, the Kandi K27 has an effective cost of just $7,999, the company reported. 

“In September, Kandi updated its website to include estimated EPA-cycle numbers, with an expected 59-mile range from the 17.7-kwh battery pack. Kandi lists a seven-hour charge time on 240V AC (Level 2). The K27 isn’t for everyone, though. While it appears to be certified as a full-fledged passenger car, it can only reach 63 mph.”

Note: The $7,999 price is computed after including a $2,000 California tax credit. The tax credit Colorado is $4,000, which would bring the effective price to only $5,999 in Colorado.

Read the full article at https://www.greencarreports.com/news/1130193_kandi-claims-7-999-cost-in-california-for-59-mile-electric-car. Here are a couple pictures from that web page: