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 Automakers are facing a tougher EV market in the United States after Congress repealed the $7,500 EV tax credit last year but higher gasoline prices in recent weeks has prompted new interest in the EVs.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)
Recent Articles
- Vox Momenti: What Did We Do to Deserve Don?
- Microsoft Expects Cloud Business to Beat Wall Street Forecasts
- Meta Plunges 6% on High Spending Forecast, Social Media Troubles
- Amazon Web Services Soared on AI Demand
- Alphabet Beats Top Line Estimates on AI Cloud Revenue Growth
- Musk Portrays Altman As Schemer Who Misled Him
- S. Korea Exports Seen Rising Sharply Again in April on Chip Boom
- House Democrats Urge Trump to Keep Ban on Chinese Cars
- China Tech Firms Scramble for Huawei AI Chips after DeepSeek V4 Launch
- US Orders Halt on Chip Equipment Shipments to China's No. 2 Chipmaker
