Remove Affordable Remove Electrical Remove Kia Remove Tax Credit
article thumbnail

Kia is Readying a New Affordable EV4 Sedan for the 2025 Model Year

The Truth About Cars

Several automakers have promised affordable EVs, but so far, none have truly delivered. Kia’s now jumping into the fray with the EV4 , a small electric car it promises will land with a reasonable price and widespread availability. Kia said the EV4 will arrive in 2025 and noted that it plans to build 70,000 units annually.

Kia 105
article thumbnail

A Kia EV3 Built In Mexico Could Be A Sub-$30,000 Electric Car

InsideEVs

Kia won't say where the EV3 will be built. But Mexico is a possibility, which would unlock tax credits to make it even more affordable.

Mexico 118
article thumbnail

Kia to launch affordable EV4 electric sedan next year with an ambitious production goal

Baua Electric

With another low-cost (under $35K) electric car launching next year, Kia is setting an ambitious goal. Kia will launch EV4 production in early 2025, aiming to build 70,000 models a year to meet the demand for affordable EVs. According to Kia, the EV4 “redefines the electric sedan.”

Kia 52
article thumbnail

Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

Teslarati

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. 4 EV may choose to apply the tax credit as a down payment for the vehicle. The 2023 ID.4

article thumbnail

Kia Plans to Release Smaller, More Affordable EV3 By the End of 2024

The Truth About Cars

Kia recently announced plans to develop new hybrid and plug-in hybrid models to help it cope with wavering EV demand, but that hasn’t stopped the automaker’s trudge toward full electrification. In fact, Kia’s CEO said the company was pushing forward with plans to release an affordable electric car called the EV3.

Kia 59
article thumbnail

Kia EV3 sales top 4,000 in its first month on the market

Baua Electric

In its first full sales month, the company sold just over 4,000 EV3 models as the electric SUV hits new markets. The EV3 was first introduced last October as part of Kia’s first annual EV day. The compact electric SUV was showcased alongside other affordable EV concepts, including the EV4 and EV5.

Kia 52
article thumbnail

Hyundai and Kia launch new LFP battery project for lower-priced EVs

Baua Electric

Hyundai and Kia are teaming up to develop LFP battery materials to power up lower-priced EVs. Hyundai and Kia eye cheaper EVs with LFP battery tech Hyundai and Kia launched a new project to develop lithium iron phosphate battery cathode material for future EV models. The Casper Electric starts at just $22,800 (31.5

Kia 52