BMW built the same car for gas and electric. The EV is $4,400 cheaper.
Published . Updated .
The new BMW 3 Series shows just how quickly EVs have caught up to fossil fuel vehicles on pricing.
Directly affected
- No company is named in this report.
Indirectly affected
- KARS KRANESHARES ELECTRIC VEHICLES & FUTURE MOBILITY INDEX ETF
GA selected KARS as a RELATED security because its canonical security name directly matches this event's themes: electric. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- DRIV GLOBAL X AUTONOMOUS & ELECTRIC VEHICLES ETF
GA selected DRIV as a RELATED security because its canonical security name directly matches this event's themes: electric. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
The new BMW 3 Series shows just how quickly EVs have caught up to fossil fuel vehicles on pricing.
Source: TechCrunch
The price since 30 Sep 2026: Kraneshares Electric Vehicles & Future Mobility Index Etf (KARS) versus the S&P 500
Since the first closing price after “BMW built the same car for gas and electric. The EV is $4,400 cheaper.,” Kraneshares Electric Vehicles & Future Mobility Index Etf (KARS) is -3.92%. The S&P 500 fund (SPY) is +0.33% over the same days, a -4.25% difference versus the market.
Who gains and who loses around Kraneshares Electric Vehicles & Future Mobility Index Etf (KARS)
Companies carried with this story
- KARS Kraneshares Electric Vehicles & Future Mobility Index Etf
In “BMW built the same car for gas and electric. The EV is $4,400 cheaper.,” Kraneshares Electric Vehicles & Future Mobility Index Etf (KARS) is linked, with no stored direction, medium confidence. Reason on file: GA selected KARS as a RELATED security because its canonical security name directly matches this event's themes: electric. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- DRIV Global X Autonomous & Electric Vehicles Etf
In “BMW built the same car for gas and electric. The EV is $4,400 cheaper.,” Global X Autonomous & Electric Vehicles Etf (DRIV) is linked, with no stored direction, medium confidence. Reason on file: GA selected DRIV as a RELATED security because its canonical security name directly matches this event's themes: electric. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Kraneshares Electric Vehicles & Future Mobility Index Etf (KARS)
“BMW built the same car for gas and electric. The EV is $4,400 cheaper.” (30 Sep 2026) reaches Kraneshares Electric Vehicles & Future Mobility Index Etf (KARS) through this story.
What ties Kraneshares Electric Vehicles & Future Mobility Index Etf (KARS) to the headline is this: GA selected KARS as a RELATED security because its canonical security name directly matches this event's themes: electric. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Also listed, Global X Autonomous & Electric Vehicles Etf (DRIV): GA selected DRIV as a RELATED security because its canonical security name directly matches this event's themes: electric. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
The price range for Kraneshares Electric Vehicles & Future Mobility Index Etf (KARS), and the dates in the story
DRIV traded between 30.32 and 34.42 across 20 sessions. The latest close on file is 30.62. KARS traded between 25.93 and 29.19 across 20 sessions. The latest close on file is 26.32.
How strong the case is around Kraneshares Electric Vehicles & Future Mobility Index Etf (KARS)
21 out of 100
“BMW built the same car for gas and electric. The EV is $4,400 cheaper.” scores 21 out of 100. The score uses 1 sources, and 2 linked companies.