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Kia surprisingly tops Hyundai in market value with affordable EVs rolling out

Baua Electric

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia is now South Korea’s fifth most-valued stock at $31 billion (41.3 Kia surpasses Hyundai in market value Hyundai, which saved Kia from bankruptcy in 1998, owns around a third of the South Korean automaker.

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Gen X, Millennials buy the most EVs, as Boomers dominate policy

Baua Electric

Gen X and Millennials tend to buy more EVs than Baby Boomers, but the older generation is still in control of EV policy, a pair of recent studies show. Millennials aren’t far behind by total EV sales tally, and for them EVs are an even higher 10.2% 2024 Kia EV6 GT J.D. of new vehicles purchased.

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Electric Shock! Kia to launch 15 EVs in next three years as it doubles down on electrified vehicles

EV Central

Signalling to its rivals that it is now all-in when it comes to electric cars, Kia revealed at its Investor Day that six of its EVs will arrive by 2026. Kia is also touting the EV5 in that group, but it’s already been unveiled in Australia and goes on-sale mid-year. Kia Concept EV3.

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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Why Tesla competitors will need more than affordability to take EV pioneer’s crown

Teslarati

Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives. It is far from the most affordable EV on the market, as several vehicles, both in production and planned for the future, have been marketed as the “Tesla Killers,” a term that was widely put to rest a few years ago.

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Kia EV9 and Volvo EX30: Are they 2024’s most important EVs?

Charged EVs

Still, the 2025 Kia EV9 and 2025 Volvo EX30 stand out as particularly important EVs for 2024. They haven’t, and GM is clearly struggling to overcome a host of startup production problems with its Ultium vehicles—sales of which have remained far, far below the company’s own goals. Photos courtesy of John Voelcker. A pair of 12.3-inch

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Kia takes on Tesla: 2024 Kia EV5 confirmed for mid-year launch – and the electric SUV could be cheaper than the Tesla Model Y!

EV Central

Kia’s cheapest EV-branded electric vehicle has been confirmed for a mid-year launch in Australia, with the EV5 to sit below the EV6 and EV9 in the brand’s lineup. The doors won’t make production, just like with the EV9, for crash-worthiness and what have you,” says Kia Australia’s head of product, Roland Rivero.

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