Remove Auto Remove Kia Remove Market Remove Motor
article thumbnail

Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. 305 $51,265 SE Dual Motor AWD 77.4

article thumbnail

Hyundai Motor and Kia sign MoU with Exide Energy for EV expansion in India – ET Auto

Baua Electric

This strategic cooperation with Exide Energy marks the beginning of Hyundai Motor and Kia’s efforts to expand its exclusive battery development, production, supply and partnerships in the Indian market. New Delhi: Hyundai Motor and Kia sign MoU with Exide Energy as part of their electric vehicle (EV) expansion plans.

India 40
article thumbnail

Kia confirms EV9 GT is launching in January with enormous power

Baua Electric

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.

Kia 52
article thumbnail

Kia will beat Rivian and Tesla into affordable mass-market EVs

Baua Electric

Although Rivian and Tesla are making headlines with planned expansions into mass-market electric vehicles, Kia is set to launch two affordable EVs of its own. One of them, the Kia EV3, is expected to launch by the end of the year. It will include a tri-motor R3X , Rivian’s first high-performance compact EV.

Kia 52
article thumbnail

Hyundai & Kia take second place after Tesla in US EV sales

Teslarati

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which holds the fourth-largest share in the US car market.

Kia 90
article thumbnail

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.

Kia 52
article thumbnail

Kia reveals plans for an all-new modular vehicle at CES 2024

Teslarati

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.

Kia 88