e.GO Plans To Boldly Go Where No EV Startup Has Gone Before... From US$18,000 which is true entry level
Tiny e.GO Mobile — an electric car startup based in Aachen, Germany — says delivery of its Life no-frills EV will begin in April.
By 2022, it plans to be selling 100,000 of the cars a year.
The Life looks like a squished down version of the Kia Soul. The car will have a range of 75 to 114 miles, a top speed of 72 to 94 miles per hour, and be priced between $18,000 and $22,500. Definitely an entry-level car at an entry-level price.
Schuh says he owes a debt of gratitude to Elon Musk and Tesla. “I’ve needed Tesla as a role model,” he says. “For so long, no startup or individual entered this shark tank alone, so it was great to get a demonstration of how that might work.” One company started at the top of the market and is moving its way down. The other is starting at the bottom of the market and working its way up. Hopefully both will be wildly successful and help point the world to a sustainable future.