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Kia set to export this all-electric SUV at a price that undercuts Tesla

Electrek

South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y, which is the best-selling SUV in the country.

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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

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. Kia revealed a new EV lineup at its first EV Day in October.

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Kia set to export this all-electric SUV at a price that undercuts Tesla

Baua Electric

South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y. Kia’s top seller in Australia is the Sportage hybrid SUV with around 15,000 sales.

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Mitsubishi Mirage to Be Discontinued by 2025

The Truth About Cars

Despite fuel prices and an economy that seems poised to bolster the sale of value-focused cars, the United States is losing another one. From Automotive News : With a starting price of $17,340 including shipping, the subcompact [Mirage] has a singular selling point: efficient transportation at a bargain-basement price.

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BYD expects at least $4 billion in net income from surging EV sales

Baua Electric

BYD is already leading in growing EV markets like Thailand, Brazil, and Columbia. However, the starting price is over $150,000 (1,098,000 RMB). The price tag is expected to be around $140,000 (1 million RMB). It even outsources its batteries to Tesla, Toyota, Hyundai, Kia, Ford, and several others. billion (31.5

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BYD upgrades Tang electric SUV with more range to rival Tesla’s Model Y

Baua Electric

BYD announced Tang EV pre-sale prices of 72,000 euros ($78,000) in September 2022. BYD Tang EV interior (Source: BYD) Although BYD did not say whether it would adjust the Tang’s price, it did say, “Be prepared for a surprise.” BYD recently slashed EV prices in Europe as it looked to gain traction overseas.

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Too little, too late? Why the Toyota HiLux EV concept only shows how far the brand is behind Tesla and BYD

EV Central

READ MORE: Electric Toyota HiLux firms for Australia as Revo show car’s local stay extended for further study READ MORE: Is Toyota’s BZ4X lease plan a stroke of genius, and are Tesla, Kia, Hyundai and others missing a trick? READ MORE: Toyota HiLux hydrogen fuel cell prototype boasts long range and rapid 2023 Toyota HiLux REVO BEV concept.

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