Baua Electric

SEPTEMBER 3, 2024

The compact electric SUV was showcased alongside other affordable EV concepts, including the EV4 and EV5. Kia opened EV3 orders in June with starting prices at just $30,700 (KRW 42.08 However, with incentives, Kia said the EV3 could be bought for as little as $29,200 (KRW 39.95 Last month, Kia launched the EV3 in the UK.

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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. Image: Kia] Become a& TTAC& insider. Though disappointing, the move isn’t a surprise.

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Baua Electric

JULY 2, 2024

After selling over 5,000 EVs for the third straight month, Kia looks to keep the momentum going in the second half of 2024. Kia’s EV sales hit new record in first half of 2024 Kia is on a roll in the US with affordable, long-range models like the three-row EV9 and EV6, reaching buyers.

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Baua Electric

MAY 28, 2024

The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW still aims for affordable EVs to debut in 2027 After walking away from its partnership to develop an entry-level EV (20,000 euro) with Renault, Volkswagen is going solo. VW said last week it was still looking at its options for affordable EVs.

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Baua Electric

SEPTEMBER 4, 2024

Kia just set another US sales record in August, with more cars sold than in any month in company history. As demand for its first three-row electric SUV, the EV9 , continues to build, Kia’s EV sales climbed 27% from last year. With over 75,200 vehicles sold in August , Kia broke its US sales record for the second consecutive month.

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Baua Electric

JULY 11, 2024

Kia sold more electric vehicles in the US in Q2 than its sister company, Hyundai. After EV sales more than doubled in the second quarter, Kia looks to keep up the momentum as its new EV9 helps gain market share. Kia’s first three-row electric SUV is already fueling a sales spike. Kia 135% 5.4% Kia 135% 5.4%

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Baua Electric

SEPTEMBER 26, 2024

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. According to SNE Research , China’s CATL accounted for 31.6%

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Baua Electric

SEPTEMBER 27, 2024

Instead of adding lithium to “precursor materials” like phosphate and iron sulfate, as in current LFP production, a new “direct synthesis” process would combine iron powder, phosphate, and lithium without the precursor step, Hyundai and Kia explained. LFP battery tech originated in the U.S. ,

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EV Adoption

APRIL 4, 2021

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

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Baua Electric

SEPTEMBER 9, 2024

Are you seeing more Kia electric cars on the road? Kia’s EVs, including the EV6 and new EV9, have helped push the brand to two consecutive record-breaking sales months in the US. With its new conquest cash incentive, Kia is now taking aim at Tesla drivers as it looks to win over owners. The 2024 Kia EV9 has up to 105.7

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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. The sources said Kia has been selling 2,000 to 3,000 EV9s a month.

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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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Baua Electric

OCTOBER 4, 2024

After launching a new E-Value program in its home market, Kia’s new EV3 is now even more affordable. Starting at just over $30,000, the EV3 is one of the cheapest EVs on the market, but through its latest offer, Kia says the EV3 can be bought for as little as $67 per month. Buyers get a low interest rate of 4.2% for 60 months.

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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 Hyundai capped off a record year with nearly 47,000 IONIQ 5 and IONIQ 6 EVs sold, while Kia sold almost 19,000 EV6 electric crossovers.

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Teslarati

AUGUST 5, 2022

4 will be the third most affordable electric vehicle offering in the United States, but the German automaker will nerf performance to reach the price point. The vehicle will now have a starting price of $37,495 instead of $39,995 and, with federal tax credits, will be just under a $30,000 vehicle at the base model.

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Clean Fleet Report

JANUARY 30, 2023

Road Test: 2023 Kia Niro EV Wave Compact Crossover Gets More Range and A New Look Kia isn’t taking any chances when it comes to being a leader in electrified cars and SUVs. With a steady schedule of releasing new EVs as part of its Plan S , Kia has completely redesigned the 2023 Niro EV even though it is only three years old.

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Baua Electric

SEPTEMBER 11, 2024

Kia confirmed plans to launch new AWD and GT variants for its electric EV3 SUV. The EV3 is the first of Kia’s new low-cost EV lineup as it looks to challenge industry leaders. It’s been almost a year since Kia first took the sheets off the EV3 during its first annual EV Day last October.

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Baua Electric

JUNE 7, 2024

Buying an electric car with at least 300 miles of range is getting more affordable than ever. Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US. Are you ready to drive off in a new electric car?

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Baua Electric

OCTOBER 7, 2024

General Motors, Kia, Honda, and several others set EV sales records in Q3 with new models rolling out. With most automakers passing on the $7,500 IRA tax credit, many electric models are about the same or even cheaper than a gas-powered equivalent. The Kia Niro EV is another top EV lease option this month.

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Baua Electric

AUGUST 19, 2024

Hyundai Motor Group, including Kia and Genesis, is taking the US EV market by storm this year. Hyundai, Kia, and Genesis take second in US EV market Through the first seven months of 2024, Hyundai, Kia, and Genesis accounted for 10% of the US EV market. Until then, Kia is offering massive discounts on the EV9.

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Baua Electric

OCTOBER 22, 2024

General Motors, Kia, Honda, and several others set EV sales records in Q3 with new models rolling out. With most automakers passing on the $7,500 IRA tax credit, many electric models are about the same or even cheaper than a gas-powered equivalent. The Kia Niro EV is another top EV lease option this month.

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Clean Fleet Report

JULY 5, 2021

Photos by John Faulkner and Kia. The 2021 Kia Niro PHEV is one of three electrified Niro models to choose from, alongside a hybrid and a pure battery electric version. Not bad, unless I was driving the Kia Stinger , which welcomes some seriously aggressive driving. A Winning Formula. Story by John Faulkner.

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Baua Electric

SEPTEMBER 6, 2024

With more options than ever, driving an electric vehicle has never been more affordable. A big factor behind leasing is the ability to pass on the $7,500 federal tax credit to lessees. According to Motor Intelligence , Kia’s new three-row EV9 SUV sold with an average discount of over $18,000 in June. Ready to save big?

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Baua Electric

SEPTEMBER 13, 2024

With more options than ever, driving an electric vehicle has never been more affordable. A big factor behind leasing is the ability to pass on the $7,500 federal tax credit to lessees. According to Motor Intelligence , Kia’s new three-row EV9 SUV sold with an average discount of over $19,700 in July.

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Clean Fleet Report

JUNE 15, 2021

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Tesla’s Model 3 paved the way to powerful, affordable EVs. Electric Vehicles are Affordable. You can now purchase an electric vehicle at a fair price due to the existing tax credits.

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EV Adoption

JUNE 21, 2022

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates.

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Baua Electric

OCTOBER 28, 2024

2024 Kia EV9 GT-Line interior (Source: Kia) Like the EV9, the IONIQ 9 is also expected to get over 300 miles of driving range on a full charge. Hyundai IONIQ 9 spotted ahead of November debut (Source: ShortsCar) New EVs built at the facility will initially qualify for a partial $3,750 tax credit.

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Teslarati

FEBRUARY 28, 2024

Hyundai Motor Group was second in EV sales last year thanks to its Hyundai and KIA brands. Hyundai shared that its focus on affordable and compact electric vehicles helped its EV sales in the United States. billion in individual earnings per year.

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Baua Electric

JANUARY 12, 2024

It’s essentially like receiving the full EV tax credit with a new purchase. The cash offer could bring the IONIQ 6’s MSRP of $38,615 down to just over $30,000 ($31,115) as one of the most affordable EVs on the market. Like the IONIQ 6, Tesla’s Model 3 is no longer eligible for the IRA tax credit.

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Baua Electric

JUNE 18, 2024

The BYD Seal is poised to rival Hyundai’s IONIQ 6 and Tesla’s Model 3 with an affordable starting price. BYD Dolphin (left) and Atto 3 (right) Source: BYD With BYD entering the market, domestic automakers like Hyundai and Kia, which currently dominate the market, are expected to see a drop in EV market share.

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Baua Electric

JUNE 17, 2024

Hyundai Motor, including Kia, is the second-biggest EV brand in the US. Once assembly begins, Hyundai expects EVs built at the facility to qualify for the $7,500 federal tax credit, giving the automaker even more momentum. Electrek’s Take Hyundai continues surging ahead in the US as rivals are putting off EV investments.

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Baua Electric

JANUARY 25, 2024

Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. Despite its vehicles not qualifying for the tax credit (only through leasing), Hyundai Motor (including sister company Kia) surged past Ford and GM for second in US electric vehicle sales in 2023 behind Tesla.

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Baua Electric

SEPTEMBER 4, 2024

The growth comes after Kia, Hyundai’s sister brand, broke its US sales record in August for the second straight month. Hyundai said the US-built 2025 IONIQ 5 will initially qualify for a $3,750 tax credit, but once the battery production begins, it expects it to be eligible for the full $7,500.

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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. Parker explained that Hyundai is giving buyers confidence to go electric with long-range, fast-charging EVs at an affordable price.

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Baua Electric

JULY 25, 2024

However, that market share will likely peak at 10% of the global vehicle market in 2030, after which BNEF predicts sales will fall as battery price drop further and EVs become more affordable. 2025 Kia Sorento plug-in hybrid In the U.S., plug-in hybrid sales hit a record high in 2023, according to the Department of Energy.

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Baua Electric

MAY 23, 2024

With new affordable models like the Volvo EX30 and Chevy Equinox EV, some see the momentum picking up in 2024. With some of the most affordable and fuel-efficient EVs on the market, Hyundai expects the momentum to continue this year. EVs built at the facility are expected to qualify for the $7,500 federal tax credit.

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Baua Electric

JULY 29, 2024

According to GM, the electric SUV is attracting new customers to the brand, with 40% of Blazer EV buyers coming from Jeep, Ford, Hyundai/Kia, etc. With the tax credit, prices could fall to as low as $42,695. With output ramping up, GM sold 7,234 Blazer EVs through the first half of 2024 , 6,634 were in the second quarter.

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