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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.

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2023 Kia Sportage Hybrid debuts: 39-mpg compact SUV, can tow 2,000 pounds

Green Car Reports

Kia on Wednesday unveiled a hybrid version of its redesigned 2023 Sportage compact crossover. It goes on sale in the United States early next year. Revealed at the 2021 Los Angeles auto show, the 2023 Kia Sportage Hybrid wears the same unorthodox styling as the gasoline model unveiled in October.

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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.

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Indian market to remain flat in 2024, Kia to grow by 13% – Kia global CEO Song | Autocar Professional

Baua Electric

Ho-Sung Song, the global president and CEO of Kia expects the Indian market to remain flat in 2024. million units in 2024, the same as in 2023. Kia aims to achieve a sales volume of 277k units, with 13% growth year on year, and a market share of 6.8%.” In total, Kia achieved a global market share of 3.7%. “In

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April auto gross sales defy financial hesitancy

Baua Electric

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. Hyundai and Kia each posted beneficial properties for the ninth-straight generation.

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Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

Green Car Congress

Still, March’s upward movement of EV average transaction price (ATP) was a bit of a surprise, said KBB, since Tesla, the automaker with the largest share of EV sales, has cut prices three times in recent months. Meanwhile, auto manufacturer’s incentive spend rose to the highest level in 12 months at 3.2% month over month in March.

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Kia will push EV leasing to harvest tax credit score boon

Baua Electric

Kia The united states will incline aggressively into an Inflation Relief Office provision that permits it to go ailing a $7,500 federal incentive to electrical automobile shoppers who choose to hire as opposed to purchase, in line with Eric Watson, the automaker’s gross sales leading. Watson stated.