Baua Electric

JANUARY 31, 2024

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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Baua Electric

MAY 29, 2024

Despite talk of an electric vehicle “slowdown,” Kia EV9 sales are surging. Kia EV9 sales are surging in its first year on the market After officially unveiling its first three-row electric SUV in March 2023, Kia kicked off EV9 deliveries in Korea last June. million) in February.

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Baua Electric

MARCH 6, 2024

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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The Truth About Cars

JUNE 27, 2024

Hyundai believes it has cracked the code of the affordable EV. The South Korean automaker recently announced that it would sell the new Inster subcompact electric SUV with a starting price of under $27,000. The Inster looks something like a cross between the Kia Soul and Hyundai Kona.

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Green Car Congress

FEBRUARY 14, 2023

The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. The average price paid for a new EV decreased in January by $3,363 (down 5.4%) compared to December. year over year.

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Baua Electric

MARCH 20, 2024

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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The Truth About Cars

JULY 27, 2023

Kia’s SUVs are surprisingly premium and well equipped for the price, and the automaker has had great success with its Telluride three-row. The long-running Sorento is due for a facelift after a few years on sale in its current form, and it appears it’s getting one – at least in South Korea.& inch screens.

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The Truth About Cars

AUGUST 23, 2023

Mitsubishi recently announced that it would discontinue the Mirage, removing one of America’s few remaining affordable new cars. Kia is now cutting another sub-$20,000 option with its announcement of the Rio’s demise after 2023. Average vehicle purchase prices in the U.S. Average vehicle purchase prices in the U.S.

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Baua Electric

APRIL 10, 2024

With EV electric vehicle sales surging in India, several automakers are looking to grab their share. Kia recently revealed plans to launch three new EVs in the region, including a new Carens EV. The move comes as Kia looks to fend off low-cost Chinese automakers like BYD. They are part of a wide-ranging electric car line-up.

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Baua Electric

JULY 2, 2024

GM broke Q2 and first-half EV sales records with new models like the Chevy Blazer and Equinox EVs hitting the market. However, GM’s new electric cars were not the only ones driving growth, as sales of the Cadillac Lyriq and GMC Hummer EVs also surged. Through the first half of the year, EV sales reached 38,355.

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Baua Electric

JULY 2, 2024

The Hyundai IONIQ 5 and IONIQ 6 both set new Q2 sales records as demand for long-range EVs at an affordable price continues to climb in the US. Hyundai IONIQ 5 tops Q2 sales record in the US After setting a new May sales record , Hyundai’s electric SUV continued its hot streak last month.

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Baua Electric

APRIL 26, 2024

After Kia’s first three-row electric SUV is already seeing strong demand, the EV9 is set to gain a high-performance GT version. Kia confirmed the EV9 GT will launch in January with “enormous power” and other upgrades. Kia EV9 set for the GT treatment Kia launched its flagship EV9 in Korea last June.

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Baua Electric

JANUARY 10, 2024

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 Meanwhile, Tesla wasn’t the only company with record EV sales last year. The EV leader captured 4.2%

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Charged EVs

JANUARY 5, 2024

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. Priced at $56,395, the entry-level EV9 Light has a 76.1-kilowatt-hour

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Teslarati

MARCH 18, 2023

In an attempt to catch Tesla, who has been recognized as the industry leader, car companies have tried all strategies, including undercutting pricing, but they’ll need much more than that to catch up. Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives.

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The Truth About Cars

MAY 20, 2024

Rivian’s vehicles might be popular and offer cool features, but they’re far from affordable. The R1T’s lease prices go as low as $559, making it less expensive monthly than some full-size gas models. That price includes $7,500 in lease cash and applies to the R1T Standard Adventure Package truck.

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EV Central

APRIL 17, 2023

The Ford Puma EV will be coming to Australia in 2024, adding a new compact SUV to the affordable end of the electric car market. No word on pricing, although clearly it will play at the more affordable end of the EV market. The electric Explorer is a car designed to compete with the Tesla Model Y , Kia EV6 and Hyundai Ioniq 5.

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Baua Electric

JUNE 10, 2024

After a record start to 2024, Hyundai and Kia accounted for 11.2% Hyundai and Kia have been on a roll with some of the most affordable, fuel-efficient electric cars in the US. Hyundai has six of the top ten most fuel-efficient EVs on the market (by trim) in 2024, while Kia’s EV6 also made the list. of the US market.

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EV Central

JANUARY 24, 2024

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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Clean Fleet Report

NOVEMBER 29, 2022

Seltos — the Gateway to Kia. Kia pulled the sheet off the updated 2024 Seltos at the 2022 Los Angeles Auto Show. A big change for Kia’s entry-level model. CFR : What is the importance of the Seltos to Kia? Kia : The Seltos is extremely important as it serves as a gateway vehicle to our brand.

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Baua Electric

MAY 23, 2024

After months of teasing its new compact SUV, Kia has officially unveiled full images and specs of the EV3, and it looks like another winner from the Korean automaker. As previously promised, Kia has introduced a GT-Line trim of the EV3 in addition to the Base model, offering a slightly more rugged look from the outside. Have a look.

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Baua Electric

APRIL 24, 2024

However, due to fierce pricing pressure, Ford’s EV revenue fell 84% in Q1 2024. Ford shifts EV strategy amid sales upswing Despite EV sales surging 86% to 20,233 in the first three months of 2024, Ford is pulling back. All Ford electric models saw double (or triple) digit sales growth. Meanwhile, EBIT loss slipped to $1.6

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Baua Electric

MAY 25, 2024

Kia EV3 Kia has revealed the production-bound EV3 electric SUV , and it closely follows both the EV3 concept and the much larger EV9 that’s already on sale. And it could make a lot of sense in America at a starting price near the $35,000 originally teased. Just don’t expect to stay fully connected to your own smartphone.

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Baua Electric

JULY 2, 2024

But the fact that the Blazer EV hasn’t yet pulled away from the discontinued Bolt EV in year-to-date sales shows just how gradual that ramp up has been. Those meager sales do at least include a high number of sought after “conquest” customers trading in from other brands.

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Baua Electric

JANUARY 29, 2024

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD Atto 3 (Source: BYD) The company, which started as a battery maker, is expanding the brand with affordable EVs like the Dolphin electric hatch and Atto 3 (Yuan Plus in China) SUV. However, the starting price is over $150,000 (1,098,000 RMB).

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EV Central

JULY 2, 2023

The Kia EV9 electric SUV is the latest in the expanding EV-branded family of electric cars. With all that in mind, read on for our Kia EV9 review. While it’s not cheap, the EV9 comes loaded with equipment and technology to help justify a circa-$100K starting price when it arrives in Australia in the fourth quarter of 2023.

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Clean Fleet Report

JUNE 4, 2022

Significant Price Reduction Repositions Entry-Level EV. Chevrolet announced this week that its 2023 Bolt EV and Bolt EUV are going to get major drops in price. The new 2023 pricing (2022 pricing in parenthesis) includes the mandatory $995 destination fee. Same car, less cost. Same car, less cost. But it is more than that.

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Baua Electric

APRIL 1, 2024

China’s leading electric car maker, BYD , recorded over 300,000 EV sales in Q1 2024, up 13% over last year. BYD EV sales rise 13% in Q1, down sequentially After topping Tesla in the last three months of 2023, BYD is doubling down in 2024. Meanwhile, plug-in hybrid sales were up 14.5%, with 324,284 PHEVS sold. over Q1 2023.

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Teslarati

JULY 20, 2021

Tesla’s Model Y and Model 3 combined for the ideal one-two punch in the global EV sales charts through 2021 so far. This fact discounts the automakers, like Kia and Polestar, who do not report their sales figures to the public.). The Model Y wasn’t Tesla’s only contributor on the list, however.

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Baua Electric

JANUARY 17, 2024

of auto sales in 2023. Luxury automakers like BMW, Mercedes, and Audi all saw EV sales share pick up in 2023. Although some EVs on the list, like the range-topping Lucid Air, can be pricey, others are extremely affordable. 2024 Kia EV6 (Source: Kia) Kia’s EV6 also made the list. A record 1.2

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Baua Electric

JANUARY 5, 2024

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. Priced at $56,395, the entry-level EV9 Light has a 76.1-kilowatt-hour

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EV Central

JANUARY 12, 2023

Last year was a record for EV sales in Australia. That represents a 94 percent increase over 2021 (once you take into account Tesla’s 2021 sales that weren’t reported to the FCAI). It’s clear the premium price of EVs is less of an issue in the world of premium cars. Tesla, Polestar and BYD accounted for 70% of EV sales.

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EV Central

JULY 10, 2022

Model 3 vs EV6 vs Polestar 2 vs Ioniq 5: There’s a sub-$80K sweet spot in the electric car market – and it’s not relying on price alone to tempt buyers. Tesla Model 3 Rear-Wheel Drive, Kia EV6 Air, Hyundai Ioniq 5 RWD, Polestar 2 Single Motor Long Range. Kia EV6 Polestar 2 Tesla Model 3 Rear-Wheel Drive Hyundai Ioniq 5.

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Baua Electric

JUNE 28, 2024

However, industry experts believe the low starting price point may be hard to hit. A new affordable Jeep EV is coming to the US Jeep confirmed plans to launch a new Renegade EV during its Investor Day earlier this month. Jeep’s US sales slipped 6% last year after falling 12% in 2022. Is a $25,000 Jeep Renegade EV possible?

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Baua Electric

APRIL 27, 2024

FY2024’s record sales of 4.21 Utility vehicles accounted for 25,20,691 units (up 26% YoY) and 60% of entire PV sales in FY2024 v. That’s not all – UV sales have helped buffer the sharp 11% decline in passenger car and sedan sales – from 1.74 This makes for handsome average monthly sales of 11,227 units.

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Baua Electric

JUNE 13, 2024

Although Jeep was recently voted America’s most patriotic brand, sales have slipped over the past few years. After sales quadrupled in the US, reaching nearly 1 million in 2018, Jeep has struggled to gain momentum. If you ask me what is an affordable BEV, I would say 20,000 euros in Europe and $25,000 in the US,” Tavares explained. “In

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Baua Electric

JUNE 18, 2024

BYD SEAL (Source: BYD) BYD to launch low-cost Seal EV to rival Hyundai BYD initiated the sales processing in South Korea, which takes about two to three months to review factors like driving range on a single charge. The BYD Seal is poised to rival Hyundai’s IONIQ 6 and Tesla’s Model 3 with an affordable starting price.

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