Summary
- Kia set a US sales record in August, with over 75,200 vehicles sold
- The company credited SUV and EV demand for the record-breaking performance
- Kia’s EV sales climbed 27% compared to last year, thanks to the new EV9 three-row electric SUV
- Despite lower sales of the EV6, Kia remains optimistic with new models hitting the market
- The EV9, priced starting at $56,395, qualifies for a $7,500 tax credit, potentially bringing the price down to under $50,000
Article
Kia achieved a new US sales record in August, selling over 75,200 vehicles, marking the second consecutive month of record-breaking sales. The demand for Kia’s new three-row electric SUV, the EV9, played a significant role in this achievement, leading to a 27% increase in EV sales compared to the previous year. Despite a slight decrease in sales of the EV6, Kia’s first dedicated electric car, they are still up by 13% year-to-date, with 14,373 units sold through August.
The EV6, already known for its efficiency and range of up to 310 miles, is set to receive an update with a larger and more efficient battery. Kia plans to launch the refreshed EV6 in the US by the end of the year, following in the footsteps of Hyundai, which recently revealed its updated IONIQ 5. The company is optimistic about its future sales performance, with new models like the EV9 and EV6 catering to the growing demand for affordable, long-range, and fast-charging electric vehicles.
The EV9, with a starting price of $56,395, has been described as a wake-up call to the industry, offering consumers a fully electric, three-row SUV for under $50,000 after factoring in the $7,500 tax credit. The EV9 is the first electric vehicle to be fully assembled at Kia’s West Point, GA plant, highlighting the company’s commitment to expanding its electric vehicle lineup. With various trim options and impressive range estimates, the EV9 aims to attract more customers looking for a practical and affordable electric SUV.
Kia’s success in the EV market comes at a time when US automakers like Ford and GM are facing challenges in transitioning to electric vehicles. With the EV9 and EV6 gaining momentum and setting new sales records, Kia has the opportunity to continue gaining market share and establishing itself as a key player in the electric vehicle industry. The company’s focus on affordability, range, and cutting-edge technology in its electric vehicles has resonated with consumers, driving the continued growth in sales and market presence.
The EV9’s performance and sales figures illustrate Kia’s commitment to innovation and sustainability. By offering a diverse range of electric vehicles that cater to different customer needs, Kia is able to appeal to a wide audience and drive the adoption of electric vehicles in the market. With the EV9 leading the way in sales and setting new benchmarks for pricing and features, Kia is well-positioned to capitalize on the growing demand for electric vehicles and solidify its position as a leader in the industry.
In conclusion, Kia’s recent achievements in US sales, particularly in the electric vehicle segment, reflect the company’s strategic focus on innovation and sustainability. With the EV9 and EV6 driving sales growth and setting new records, Kia is showcasing its ability to meet consumer demand for practical, affordable, and efficient electric vehicles. As Kia continues to expand its electric vehicle lineup and introduce new models in the market, it is poised to sustain its success and further establish itself as a key player in the electric vehicle industry.
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