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Kia suddenly shifts to hybrids, affordable EVs amid ‘waning global demand’

Baua Electric

Kia is following in Ford’s footsteps after suddenly announcing plans to introduce more hybrids as it expects slower EV demand. To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year.

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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 is aiming to sell 307,000 EVs this year.

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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

Kia is following in Ford’s footsteps after suddenly announcing plans to introduce more hybrids as it expects slower EV demand. To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year.

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Kia K4 makes global debut, will rival Toyota Corolla and Honda Civic

Baua Electric

By: Paarth Khatri | Updated on: 22 Mar 2024, 16:23 PM Kia has not revealed the technical specifications of the upcoming K4. Kia K4 is a rival to Honda Civic and Toyota Camry in the global market. Kia has taken the wrap off its second-generation K4 in the global market.

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Kia teases first images of its production-ready EV3 and sets the date for its global premiere

Baua Electric

Kia has just posted some teaser images of its upcoming EV3 SUV – its latest all-electric model promising to be smaller, more affordable, and more “plant-based” than its current siblings in the “EV” portfolio. We even snapped some pics of it on display during the LA Auto Show. FTC: We use income earning auto affiliate links.

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Kia set to export this all-electric SUV at a price that undercuts Tesla

Baua Electric

South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y. A global launch is set for next year, but will that include the US?

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Indian market to remain flat in 2024, Kia to grow by 13% – Kia global CEO Song | Autocar Professional

Baua Electric

Ho-Sung Song, the global president and CEO of Kia expects the Indian market to remain flat in 2024. Kia aims to achieve a sales volume of 277k units, with 13% growth year on year, and a market share of 6.8%.” Reviewing the year 2023, Song said the global industry demand increased by 7.6% YoY to 86 million units.

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