With the current oil price as high as they are, it appears that many are turning to EVs for solutions, but the reality is that EVs are not free from current global economic volatility. With the prices of cars in general, going through the roof already in the last few years, it was originally expected that the current high prices of the EVs would come down to the level of I-C-E cars, as the price of the battery eventually reduced with the increase in production and advancement in technology.
However, because EVs are full of components that are sensitive to the volatile supply chain, currently affecting the automobile industry as a whole, and the increase in the raw material costs involved in the production of battery packs, it doesn’t look like the price of electric cars will stabilize any time soon.
In this issue, in light of the current predicament, we will look at some of the low-price E-V options from Korea that could materialize within the next few years, to follow outstanding EVs such as IONIQ 5 and EV6, as they may be out of price range for most of the population that is seeking to purchase the next vehicle.

#KiaEV3 #KiaEV4 #IONIQ3 #IONIQ4

0:00 Intro
0:16 Introduction
1:26 High Battery Price. Why?
3:52 Kia EV4 & IONIQ 3 SUVs
6:32 IONIQ 4 & Kia EV3 Hatchbacks
8:38 New ways to reduce the EV prices
9:26 Question

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Music Credit:
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ES_Believe in the Fire Between Us - Yesable

Listen to the full track here:
   • Chilled EDM Playlist - 2-hours of rel...   (1-30)
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