Japanese startup KG Motors is building a stylish, single-seat electric car for just $7,000, and has pre-sold 3,300 that it plans to deliver to customers by March 2027.

That’s more than the 2,000 EVs Toyota sold across Japan in all of 2024, according to Bloomberg. Called the “mibot,” KG’s car has a limited 62-mile range and a 37mph top speed.

Could the single-seat ‘mibot’ ignite an all-electric revolution in hybrid-heavy Japan, or even inspire more openness to small, affordable vehicles in the US?