Business

Kia Looks to Restore EV Sales Volume in US with Lower-Priced Model
By Reuters | 01 Apr, 2026

Kia announced plans to sell a low-priced EV model in the United States later this year to restore EV sales volume.

Kia said Wednesday it will begin selling a lower-priced electric vehicle in the United States later this year as automakers work to recharge EV sales.

The Korean automaker said at the New York Auto Show it will offer the EV3 in the U.S. market starting later this year. Automakers are facing a tougher EV market in the United States after Congress repealed the $7,500 EV tax credit last year but higher gasoline prices in recent weeks has prompted new interest in the EVs.

(Reporting by Kalea Hall and David Shepardson)