Kia unveils its cheapest EV in S. Korea

It’s the latest offering in the growing price war for EVs in South Korea, where startups and online buying provide even cheaper options. — Bloomberg

SEOUL: Kia Corp’s latest electric vehicle (EV) is the tiny Ray, with seating for just one person in its smallest configuration, and it has a price in South Korea to match.

Starting at about US$20,000, the Ray is Kia’s least expensive battery-powered light passenger vehicle.