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Hyundai and Kia are gaining a competitive edge ahead of the affordable EV offensive

Baua Electric

After a record 2023, Hyundai and Kia are not slowing down this year. With new tariffs on Chinese EVs, Hyundai and Kia look to gain an edge over their overseas rivals. The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. trillion) in profits last year.

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Kia EV3 sales top 4,000 in its first month on the market

Baua Electric

The compact electric SUV was showcased alongside other affordable EV concepts, including the EV4 and EV5. Kia opened EV3 orders in June with starting prices at just $30,700 (KRW 42.08 However, with incentives, Kia said the EV3 could be bought for as little as $29,200 (KRW 39.95 Last month, Kia launched the EV3 in the UK.

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Kia’s affordable EV3 officially spotted in the US ahead of its upcoming debut [Images]

Baua Electric

Here’s when we can expect to see Kia’s new affordable EV in the US. Kia unveiled the EV3 for the first time in October during its first annual EV Day. The EV3 is a cornerstone of Kia’s plans to secure its future position in the auto industry. The base (standard range) model is rated at up to 217 miles (350 km).

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Kia’s EV sales surged to a new record in the US with affordable, long-range models

Baua Electric

After selling over 5,000 EVs for the third straight month, Kia looks to keep the momentum going in the second half of 2024. Kia’s EV sales hit new record in first half of 2024 Kia is on a roll in the US with affordable, long-range models like the three-row EV9 and EV6, reaching buyers.

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Kia shatters US sales record again with its first three-row electric SUV picking up steam

Baua Electric

Kia just set another US sales record in August, with more cars sold than in any month in company history. As demand for its first three-row electric SUV, the EV9 , continues to build, Kia’s EV sales climbed 27% from last year. With over 75,200 vehicles sold in August , Kia broke its US sales record for the second consecutive month.

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Kia wants a bigger slice of the US EV market with new discounts to win over rivals

Baua Electric

Are you seeing more Kia electric cars on the road? Kia’s EVs, including the EV6 and new EV9, have helped push the brand to two consecutive record-breaking sales months in the US. With its new conquest cash incentive, Kia is now taking aim at Tesla drivers as it looks to win over owners. The 2024 Kia EV9 has up to 105.7

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Volkswagen aims to debut new affordable electric vehicles in 2027 with prices around $22,000

Baua Electric

The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW still aims for affordable EVs to debut in 2027 After walking away from its partnership to develop an entry-level EV (20,000 euro) with Renault, Volkswagen is going solo. VW said last week it was still looking at its options for affordable EVs.