TECH - Kia Hyundai And Worksport Defy The EV Slowdown Trend | Benzinga
On Thursday, Kia Corporation launched its first compact electric sports utility vehicle. Built on its dedicated EV platform, the EV3 promises to win over buyers with competitive pricing as Kia shows its determination to shrug off the global EV slowdown. Back in April, Kia stated its goal it is to sell about 1.6 million EV units by the end of this decade.
Kia’s Elevated Electric SUV Experience To Set New Standards
The EV3 is Kia’s attempt to break the barriers to EV adoption by making an affordable vehicle, with the long-range model having a driving range of about 600 kilometres or 373 miles on a single charge. The EV3 will be available in South Korea from July, with a European launch expected late this year and a U.S. launch sometime after 2025, with the delay being the result of assessing the U.S. EV tax credit policy.
The EV3 is one of more than 31 electric models that Hyundai Motor Group, therefore Hyundai Motor Company (OTC: HYMTF), Kia Corp and premium brand Genesis, plans to introduce by the end of this ...