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Kia surprisingly tops Hyundai in market value with affordable EVs rolling out

Baua Electric

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia is now South Korea’s fifth most-valued stock at $31 billion (41.3 Kia surpasses Hyundai in market value Hyundai, which saved Kia from bankruptcy in 1998, owns around a third of the South Korean automaker.

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Hyundai Ioniq 5 ushers in Dynamiq, Techniq models, prices lowered

EV Central

The Hyundai Ioniq 5 electric SUV has had a range revamp that also makes it more affordable. The updated 2022 version of Hyundai’s flagship EV is now priced from $69,900 before on-road costs, making it $2000 more affordable than the model it replaces. The new Ioniq 5 models for 2022 are known as Dynamiq and Techniq.

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2023 GWM Ora Extended Range review: How does the new budget-priced five-door hatch stack up against Australia’s cheapest electric cars?

EV Central

The GWM Ora is one of the most affordable electric cars on the market. The GWM Ora But the GWM Ora could also compete with ICE machines such as the Toyota Corolla, Mazda3, Hyundai i30 and Kia Cerato. But don’t except it to scythe through bends with the sharpness of a Tesla or poise of a Kia EV6. It’s simply not that sort of car.

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2023 BMW iX1 review: How does this premium electric SUV stack up against Tesla, Mercedes-Benz and Volvo in Australia?

EV Central

The most affordable BMW BEV since the iX3 is its opposite when it comes to orthodoxy and risk. READ MORE: The electric year ahead: Every EV coming to Australia in 2023 READ MORE: The five best family EVs under $100K: From Tesla and Hyundai to Kia and Mercedes-Benz READ MORE: Can the Model Y outsell the HiLux and Ranger?

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Volvo C40 Recharge Pure Electric review

EV Central

That includes the Mercedes-Benz EQA , Tesla Model 3 , Polestar 2, Kia EV6 , Hyundai Ioniq 5 and Volvo’s own XC40 EV. That makes it $2000 more expensive than the equivalent XC40 EV – and it also means it misses out on most EV rebates around the country (although NSW buyers won’t pay stamp duty).

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Goodwood hosts the introduction of many new EVs

Teslarati

In MotorTrend’s interview with Ford, they say that the van can go from 0-60 in just under 2 seconds and that the vehicle has roughly 2000 horsepower. Kia/Hyundai –. Kia and Hyundai are no longer new to the EV industry, especially after their successful launches of the EV6 and Ioniq 5, respectively.

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