This is the world’s cheapest electric car, costs as much as an iPhone 12 Pro Max

Highlights
  • The electricKar K5 becomes the world’s cheapest electric car to go on sale.
  • It is priced at $ 2,100 (approx. Rs 1,53,263).
  • It is powered by an 800W electric motor with a claimed top speed of 40km/h and 66km range.

The cheapest electric car in the world has gone on sale in China and is called the electricKar K5. Priced at USD 2,100 (approx. Rs 1,53,263), the electricKar K5 undercuts many low-cost models across the globe and takes the crown of becoming the world’s cheapest electric car. While the classification of putting the electricKar K5 under the category of a car is debatable, given the multiple factors and regulations that cars need to comply with, the electricKar K5 can be considered to be a quadricycle. Despite that, it still undercuts some European rivals like Citroën Ami (EUR 6,900), Freze Nikrob (EUR 9,999) amongst others. Also called K5M-2500, the electricKar brand was founded by Regal Raptor Motors Co., which focuses its core strengths in manufacturing electric mobility solutions. 

electricKar K5 specifications

The electricKar K5 is currently being sold by Chinese e-commerce giant, Alibaba. The electric quadricycle is being sold at a dirt-cheap price of USD 2,100 or EUR 1,800 or Rs 1,53,263. This means the car costs almost as much as the iPhone 12 Pro Max 512GB in India (Rs 1,59,900). The price dips down to USD 1,800 if you order 9 more copies! This price however starts looking justified once you take a look at the design and the spec sheet that the electrickar K5 carries. The electricKar K5 is a car only when the essence of the word is stretched out to its maximum possible limits. The K5 is tiny and feather-light. The quadricycle is 2.2 meters long, 1.09 meters wide and 1.62 meters high and can fit two passengers. The powertrain consists of a 2.7kWh battery pack rated at 72V. This battery pack can be fully charged in 8 odd hours. The battery pack powers an 800W motor that can make the K5 achieve its claimed top seed of 40km/h. The entire setup runs to a claimed range of 66km. 

In comparison, India’s most prominent electric scooter currently in the market, the Ather 450X, has a 6000W motor, a 2.9kWh battery pack, claimed charging time of 5.45 hours, top speed of 115km/h, and up to 80km in range. The Ather 450X is also priced around about the same price as the K5. Plans to bring the K5 to India seem highly unlikely given the strict regulatory requirements as well as value-perception in the market.