Baua Electric

JANUARY 31, 2024

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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Baua Electric

MARCH 6, 2024

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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The Driven EV News

OCTOBER 12, 2023

Kia reveals EV5 along with more affordable concept EVs starting at $US35,000. The post Kia unveils EV5, two electric concept cars, and a new sales target of 1.6 million EVs appeared first on The Driven.

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Teslarati

JANUARY 8, 2024

Kia revealed its plans to release an all-new modular vehicle at CES 2024. At CES 2024, the automaker presented the Kia Concept PV5. The Kia Concept PV5 is a modular van based on videos of the vehicle. Kia’s presentation revealed that the Concept PV5 is a versatile van with many uses, including ride-sharing services.

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Baua Electric

APRIL 26, 2024

After Kia’s first three-row electric SUV is already seeing strong demand, the EV9 is set to gain a high-performance GT version. Kia confirmed the EV9 GT will launch in January with “enormous power” and other upgrades. Kia EV9 set for the GT treatment Kia launched its flagship EV9 in Korea last June.

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Baua Electric

APRIL 10, 2024

With EV electric vehicle sales surging in India, several automakers are looking to grab their share. Kia recently revealed plans to launch three new EVs in the region, including a new Carens EV. The move comes as Kia looks to fend off low-cost Chinese automakers like BYD. They are part of a wide-ranging electric car line-up.

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Baua Electric

JANUARY 10, 2024

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 Meanwhile, Tesla wasn’t the only company with record EV sales last year. The EV leader captured 4.2%

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The Truth About Cars

AUGUST 23, 2023

Mitsubishi recently announced that it would discontinue the Mirage, removing one of America’s few remaining affordable new cars. Kia is now cutting another sub-$20,000 option with its announcement of the Rio’s demise after 2023. Image: Kia] Become a& TTAC& insider. Though disappointing, the move isn’t a surprise.

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The Truth About Cars

JULY 27, 2023

The long-running Sorento is due for a facelift after a few years on sale in its current form, and it appears it’s getting one – at least in South Korea.& As it did with the Carnival minivan, Kia mimicked the Telluride’s muscular lines with the updated styling, though changes focus mostly on the front end.

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Baua Electric

MAY 8, 2024

Kia confirms the EV3 for production. Rivian is rejiggering the production capacity of its plant in Normal, Illinois, to accommodate up to 155,000 of its more affordable R2 SUVs annually. Kia has confirmed that its compact EV3 electric SUV is production-bound and will arrive next year. And how small of an EV is big enough?

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Baua Electric

JULY 1, 2023

light-vehicle gross sales rose for the eleventh consecutive pace in June at Hyundai and Kia, helped via emerging inventories and extra beneficiant reductions join to July 4 sleep promotions. At Kia, June gross sales rose 8 % to 70,495, capping a primary 1/2 that produced document deliveries of 394,333, up 18 %.

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Baua Electric

MARCH 20, 2024

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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EV Central

APRIL 10, 2024

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.

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Baua Electric

MAY 25, 2024

Kia EV3 Kia has revealed the production-bound EV3 electric SUV , and it closely follows both the EV3 concept and the much larger EV9 that’s already on sale. Civic hybrids, with a larger engine than what’s been used in past versions of this model and a choice of sedan or hatchback layouts, are aiming for 40% of Civic sales.

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Teslarati

FEBRUARY 28, 2024

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. Hyundai Motor Group was second in EV sales last year thanks to its Hyundai and KIA brands. The post Hyundai Metaplant America to boost its EV sales in the US appeared first on TESLARATI.

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The Truth About Cars

MAY 20, 2024

Rivian’s vehicles might be popular and offer cool features, but they’re far from affordable. Hyundai, Kia, General Motors, and Ford have all offered price cuts in recent months. That will change, at least for lessees, for a little while, as the automaker is offering deep discounts on some models.

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Teslarati

MARCH 18, 2023

Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives. It is far from the most affordable EV on the market, as several vehicles, both in production and planned for the future, have been marketed as the “Tesla Killers,” a term that was widely put to rest a few years ago.

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Clean Fleet Report

NOVEMBER 29, 2022

Seltos — the Gateway to Kia. Kia pulled the sheet off the updated 2024 Seltos at the 2022 Los Angeles Auto Show. A big change for Kia’s entry-level model. CFR : What is the importance of the Seltos to Kia? Kia : The Seltos is extremely important as it serves as a gateway vehicle to our brand.

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EV Central

APRIL 17, 2023

The Ford Puma EV will be coming to Australia in 2024, adding a new compact SUV to the affordable end of the electric car market. No word on pricing, although clearly it will play at the more affordable end of the EV market. The electric Explorer is a car designed to compete with the Tesla Model Y , Kia EV6 and Hyundai Ioniq 5.

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Baua Electric

MAY 5, 2023

.” Regardless of buying groceries process, affordability extra a priority. Chris Hopson, most important analyst at S&P World Mobility, stated the “unsteadiness” within the economic system shall be mirrored in auto gross sales, and volatility is most probably within the coming months. Honda Motor Co.,

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Teslarati

JANUARY 4, 2023

General Motors (GM) has announced its Q4 auto sales, showing that it has become the top automaker in the United States for 2022. As General Motors has quickly fallen behind traditional and up-and-coming rivals alike regarding EV sales, specifically Tesla, Hyundai/Kia, and Ford, it has moved towards more electric models and production.

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Baua Electric

APRIL 1, 2024

China’s leading electric car maker, BYD , recorded over 300,000 EV sales in Q1 2024, up 13% over last year. BYD EV sales rise 13% in Q1, down sequentially After topping Tesla in the last three months of 2023, BYD is doubling down in 2024. Meanwhile, plug-in hybrid sales were up 14.5%, with 324,284 PHEVS sold. over Q1 2023.

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Teslarati

JANUARY 3, 2023

Hyundai has announced that it aims to grow auto sales by 10% this year alone. It is now a leader in affordable offerings and electric vehicles, along with the likes of Ford. Following this success, the Korean automotive group has set the ambitious goal of growing its vehicle sales by 10% in 2023.

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Baua Electric

JANUARY 29, 2024

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD Atto 3 (Source: BYD) The company, which started as a battery maker, is expanding the brand with affordable EVs like the Dolphin electric hatch and Atto 3 (Yuan Plus in China) SUV. BYD forecasts its profits rising at least 75% last year.

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EV Central

AUGUST 7, 2023

The Tesla Model Y continues to lead the electric car surge in Australia, finishing fourth outright on the sales ladder in July. Add in 604 Model 3 sedan sales and Tesla claimed eighth overall in July with 3934 sales. It also sits eighth for the year with 29,511 sales. Tesla’s tally is obviously the key to the 385.4

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The Truth About Cars

JANUARY 2, 2024

Tesla just had its best sales year ever, beating its sales target and delivering more than 484,000 vehicles in the fourth quarter. The Tesla Model 3 and Model Y were the runaway sales leaders in the fourth quarter, combining for more than 460,000 units. BYD surpassed Tesla, but GAC Aion and SAIC-GM-Wiling are not far behind.

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Teslarati

JULY 20, 2021

Tesla’s Model Y and Model 3 combined for the ideal one-two punch in the global EV sales charts through 2021 so far. This fact discounts the automakers, like Kia and Polestar, who do not report their sales figures to the public.). The Model Y wasn’t Tesla’s only contributor on the list, however.

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Teslarati

MAY 16, 2024

Hyundai US EV sales jump 62% year-over-year The upcoming Genesis GV90 will be built on Hyundai’s next-generation EV platform, eM. Hyundai and Kia—another Hyundai Motor Group brand—electric vehicles are built on the Electric-Global Modular Platform (E-GMP).

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Green Car Congress

FEBRUARY 14, 2023

Lower prices likely helped Tesla deliver higher sales volumes. According to Kelley Blue Book estimates, Tesla sales in January increased year over year by more than 30%. Sales volumes last month were up year over year by more than 6% but down from December, thanks in part to improved supply and added fleet sales.

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Baua Electric

MAY 23, 2024

Despite talk of an “EV slowdown,” sales of electric vehicles are still growing. in March as several automakers, including Hyundai and Ford, saw electric car sales surge. With new affordable models like the Volvo EX30 and Chevy Equinox EV, some see the momentum picking up in 2024. EV registrations grew another 3.8%

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Teslarati

MARCH 9, 2022

BEV registrations, with its top two models combining for well over 60 percent of the total electric vehicle sales during 2022’s first month. The Model 3 won a respectable silver medal, while the Model S, Tesla’s flagship sedan, accumulated 3,903 sales. Kia Niro EV – 1,146. and it is Tesla. Credit: Tesla.

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Baua Electric

JANUARY 22, 2024

Amid falling sales, Nissan’s CEO, Makota Uchida, is taking advice from his wife. Source: Nissan) Nissan to reveal new EV plan amid falling sales Uchida aims to reveal a new midterm strategy by the end of March. Despite this, sales of the decade-old LEAF continue to fall. In comparison, Tesla handed over a record 1.81

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Baua Electric

MARCH 31, 2024

JATO’s data revealed that these vehicles were responsible for 61% of total sales in February 2024, in comparison to the 62% registered in February 2019. Chinese-made cars drive growth In Europe, sale of cars made in China saw the highest levels of year-on-year growth in February 2024 (+45%) and in January-February 2024 (+43%).

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Baua Electric

MARCH 17, 2024

Millennials aren’t far behind by total EV sales tally, and for them EVs are an even higher 10.2% New vehicle registrations by generation (via Experian) As Experian has pointed out before, sales volumes are growing for all vehicle types, including gasoline cars. 2024 Kia EV6 GT J.D. of new vehicles purchased.

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Baua Electric

JANUARY 4, 2024

As EV adoption climbed in the US, buyers sought more affordable used models. of used EV sales in 2023 (1 to 5-year-old vehicles). of used EV sales in the US. Although the Chevy Bolt and Nissan LEAF are two of the most affordable EVs in the US, both are due for replacements. Tesla’s Model 3 accounted for 34.9%

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Teslarati

JANUARY 25, 2024

Hyundai & Kia take second place after Tesla in US EV sales Customers interested in purchasing a MY 2023 or MY 2024 ID.4 4 is eligible for an EV tax credit at the point of sale by transferring the tax incentive to participating dealers. because it expands the choice of truly affordable EVs. Volkswagen ID.4

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Baua Electric

APRIL 15, 2024

Rivian R1S continues climbing US EV sales charts in Q1 In 2023, Rivian’s R1S became the seventh best-selling EV in the US after beating out the Ford F-150 Lightning and Tesla Model X. According to Kelley Blue Book data , the company’s electric SUV accounted for the majority of sales. 2 Tesla Model 3 220,910 30,842 11.3%

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