Kia Motors is introducing the first Tesla Model 3, which will go on sale this week.
The vehicle is priced from $29.995, according to the automaker, which has a price target of $30,000.
Kia says the Model 3 will be available for delivery this week, and that the company expects to be selling 1 million cars this year.
The car is powered by a 2.5-liter turbocharged engine, with a top speed of 130 mph.
Kia says it will have “the world’s highest fuel economy,” and it will be equipped with the “world’s most advanced safety technology.”
The company says the car will go “from the gas station to the grocery store.”
The Model 3 is the most advanced electric car on the market, Kia said in a press release, and will allow consumers to “reduce their daily commute and take advantage of our advanced technology.”
Kia also says that the car is designed with a new engine architecture and will “redefine the next generation of vehicles.”
Kias goal is to have a fully electric car that can be used “in any location, anytime.”
In addition to the new Model 3 and the Kia S and S Max, Kias newest offering is the KIA RWD.
The RWD features a new front suspension that has a “slip-to-slide” feature, allowing drivers to adjust the suspension by sliding the front wheels to the side.
The front and rear suspension also feature dual-stage hydraulic brakes, and it has a range of up to 200 miles on a single charge.
Kias new RWD also has a smaller trunk than its predecessors, but it also has new front and side seating options.
The rear seats are also available for $999.
Kias said the RWD will be sold as a crossover, a sports utility vehicle, and a home-and-home.