While we wait for Tesla and Elon Musk to concoct a truly affordable, mass-market electric vehicle, Chinese EV maker Kandi Technologies recently unveiled the K27 and K23. Both EVs are poised to become the cheapest and most affordable electric vehicles in the US, and both are arriving this August.

Early last year, Kandi got approval from the National Highway Traffic Safety Administration (NHTSA) to import the K27 and K23 to U.S. soil. This was followed by a 350-percent increase in share prices of Kandi stock (KNDI) last month following the company’s announcement of initially launching the K27 and K23 in Dallas-Fort Worth, Texas.
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