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Toyota Corolla Hybrid review, Rivian Max pack details, Kia EV9 range, Aptera update: The Week in Reverse

Green Car Reports

Which company revealed several upcoming affordable EVs? For EV shoppers, why is leasing a more popular vs. buying than it was last year? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending October 13, 2023.

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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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Kia Niro EV: Best Car To Buy 2020 nominee

Green Car Reports

The electric-vehicle invasion hasn’t exactly happened the way it was supposed to some years ago—with mass-market models getting longer-range batteries or becoming even more affordable.

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Kia Introduces K3 in Home Market. Will It Appear as Rio/Forte Replacement?

The Truth About Cars

Many manufacturers are busy running in the opposite direction from small, affordable cars, but there remain a few which are willing to play in this low(er) margin arena. Kia is one of them, with cars like the Rio and Forte – and it may be re-upping the latter in our market later this year. We’ll have to wait and see.

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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Electric Shock! Kia to launch 15 EVs in next three years as it doubles down on electrified vehicles

EV Central

Signalling to its rivals that it is now all-in when it comes to electric cars, Kia revealed at its Investor Day that six of its EVs will arrive by 2026. Kia is also touting the EV5 in that group, but it’s already been unveiled in Australia and goes on-sale mid-year. Kia Concept EV3. Kia Concept EV3.

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Study: People Want to Buy EVs but Costs Are Still Too High

The Truth About Cars

A recent study from KPMG found that most people are interested in buying an EV, but many cite affordability as a hurdle to ownership.& KPMG’s global automotive sector leader, Gary Silber, told Automotive News that “a lot of people are excited about the opportunity, but I don’t know how many people can afford it.”

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