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Kia goes full throttle on EVs despite demand concerns

Teslarati

Kia is prepared to fully invest in electric vehicles (EVs), despite growing concerns of slowing demand for EVs. During Kia’s CEO Investor Day event, the Asian carmaker announced plans to sell 3.2 Kia ultimately aims to boost its global EV sales to 4 million by 2027 and 4.3 million EVs in the global market in 2024.

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Kia shatters US sales record again with its first three-row electric SUV picking up steam

Baua Electric

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. Kia credited higher demand for SUVs and EVs for the record-breaking performance.

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Ford F-150 Lightning and Kia’s new EV9 are the most popular EVs on Cars.com

Baua Electric

2024 Kia EV9 GT-Line (Source: Kia) As new electric vehicles hit the market, discounts continue piling up as automakers fight for sales. According to new research, the most popular EVs on Cars.com right now are the Ford F-150 Lightning, Mustang Mach-E, and Kia EV9 , all of which feature massive incentives this month.

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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

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Kia overtakes Hyundai in US electric vehicle sales in Q2 as its new EV9 sparks growth

Baua Electric

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. Ford 61% 7.2% Kia 135% 5.4%

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2022 Kia EV6 starts at $42,115, gets an EPA-rated 310 miles in some versions

Green Car Reports

Kia on Tuesday released pricing information for its 2022 EV6 electric car, which starts arriving at dealerships in February. The 2022 Kia EV6 starts at $42,115 in base form, which makes it slightly more than the Hyundai Ioniq 5 and Volkswagen ID.4 4 but less than the entry price of a Ford Mustang Mach-E.

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Hyundai and Kia seek to cut LFP battery cost, reliance on China

Baua Electric

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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