All posts tagged: EV5

Kia is launching a new high-volume EV SUV following the EV5

Kia is launching a new high-volume EV SUV following the EV5

The EV5 is expected to be among Kia’s best-selling vehicles. Following its initial success, Kia revealed plans to introduce a new high-volume electric SUV. Here’s what we know about the new EV so far. Kia announces a new EV SUV for 2029 After posting its best first-quarter sales in company history, Kia revealed its ambitious plans to drive “exponential growth” over the next four years. During its CEO Investor Day, the Korean automaker announced its mid- to long-term strategy. By 2030, Kia aims to sell 4.13 million vehicles, up from roughly 3.14 million last year. Following a major rebrand in 2021, Kia’s global sales have surged by over 58%, but the company is betting on new electrified vehicles, software, autonomous driving, and robotics to sustain that growth. Advertisement – scroll for more content “EVs, HEVs, autonomous driving, and robotics will serve as key drivers for Kia’s fastest growth to date,” Kia’s CEO, Ho Sung Song, said during the event. The plans include its body-on-frame pickup with hybrid and extended range electric vehicle (EREV) powertrains, due …