Kia Corp unveils three smaller-medium-sized EVs to speed its electrification ambitions
© Reuters. FILE PHOTO: A KIA logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo
Kia said it plans to develop a wide-range of EV models priced from $30,000 to $80,000 and aims to launch smaller EVs like the EV5, EV4, and EV3, with prices ranging from $35,000 to $50,000. Those EV 5s sold in China would adopt lithium-phosphate-iron batteries, while EV5s in South Korea would adopt more expensive nickel-cobalt-manganese batteries, said Kia President Song Ho Sung.
“The EV market is expanding from one catering to the smaller early-adopter group to a more broader mass majority of customers ... Our competitive, growing EV line-up will accelerate the popularization of electric vehicles and provide consumers with more options from which to choose,” said Spencer Cho, head of the Global Business Planning Sub-Division at Kia.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kia Corp's unionised workers to go on partial strike over wagesKia Corp's unionised workers to go on partial strike over wages
Read more »
Union at Kia Corp suspends strike action to resume talks with companyKia Corp's (000270.KS) union in South Korea said it would suspend for now a partial strike announced earlier on Wednesday to pursue more talks with the company.
Read more »
Union at Kia Corp suspends strike action to resume talks with companyThe Kia union is seeking a minimum basic monthly pay increase, more performance pay, and a 4-day work week.
Read more »
Tesla, Daimler, & New Flyer Keep The Ball Rolling On HD EVsClean Tech News & Views: EVs, Solar Energy, Batteries
Read more »
GameStop Corp. Cl A stock outperforms market on strong trading daySupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Read more »
Microsoft Corp. stock underperforms Tuesday when compared to competitorsSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Read more »