Japanese Firm Makes Tiny $7k EV Outselling Toyota EV Models
A Japanese startup has developed a tiny electric car that is rapidly becoming a threat to vehicle manufacturing giant Toyota. Priced at just $7,000, the tiny electric vehicle from KG Motors, a startup based in Higashihiroshima, Japan, is quickly gaining enough popularity to rival electric offerings from Toyota. Dubbed the ‘Mibot,’ the tiny EV is a single-seat vehicle with a top speed of 37 miles per hour and a range of 62 miles. While these specs may seem quite diminutive, most drivers don’t purchase tiny electric cars like the Mibot for their performance. Such vehicles typically thrive in urban regions…