KIMTF News and Press, Kia Motors Corp Ord From 07/08/22

Toyota started selling its first volume-produced electric vehicle in May. It is also manufactured with a Subaru label with only minimal modifications. This particular model, the bZ4X SUV, will naturally be followed by a long list of other Toyota electric vehicles over the next few sho...

Global electric car sales for May 2022 - Up 55% YoY, reaching 12% share. China sales up 109% YoY to 31% share. Europe sales up 3% YoY to 19% share. EV market news - EU nations approve end to combustion engine sales by 2035. BYD says shift to EVs moving “much faster” than...

Kia Motors America ( OTCPK:KIMTF ) reports sales slipped 5% Y/Y whereas grew 12% M/M to 65,142 units. The all-new Sportage SUV posted all-time record monthly sales total of 14,153 units. Kia captured its largest share of market ever beating the previous high achie...

Toyota Motor Corporation ( NYSE: TM ) unveiled the Urban Cruiser Hyryder SUV on Friday. The Hyryder model is the first mass market hybrid car made by Toyota ( TM ) for India and is being produced as part of an alliance with Maruti Suzuki ( OTCPK:MRZUY ). The...

New commercial vehicle registrations in the European Union fell 17.1% to 136,410 units in May, followed by 27.1% decline in April, led by decline in van sales. On YTD basis, demand for commercial vehicles in the EU decreased by 19.8% to 673,095 units, with the substantial drops...

While pure-play EV companies have been in the spotlight, actual production of battery electric vehicles has still been minimal (or zero) for many of these companies. Currently, the electric vehicle industry is still in its early stages with very few new entrant EV companies likely abl...

Global electric car sales April 2022 - Up 38% YoY, reaching 10.2% share. China sales up 61% YoY to 29% share. Europe sales were down 1% YoY to 19% share. EV market news - Q1 2022 EV sales limited by supply. IEA: Global EV sales strong in 2022. Global tipping point, 52% of car buyers w...

Kia Motors America (OTCPK:KIMTF) reports sales plunged 27.8% Y/Y to 57,941 units. Sales of Kia's electrified models were up 132% over the previous May record set in 2021 and up 5% over the all-time monthly sales record for the vehicle category set in March of 2022. "Kia's elect...

The news is all about Toyota’s cuts in global production due to chip shortages and increased materials costs, but is this the main game? Toyota discontinues the Land Cruiser in the U.S., as Ford F-150 Lightning electric truck gets going. New Australian Government’s p...

The auto industry is entering a steep S-curve disruption. Legacy carmakers unable to rapidly transition to BEVs will lose market share and risk collapse and bankruptcy. Lithium battery supply chains are expanding to support the BEV transition. But geopolitical instability and inevitab...