Kia starts stamping its mark on the electric vehicle sector
Kia, a renowned car manufacturer not often listed in the top five within the traditional motor vehicle industry, might change this narrative in the electric vehicle market.
Kia Motors is rapidly making its mark in the global automotive scene. The company reported selling 255,481 units in August, showcasing a 5.2% growth when compared to the previous year. Their momentum is consistent, as the cumulative sales for the year have surged by 8.9%, reaching 2,092,200 vehicles.
An area where Kia truly shines is their electric vehicle (EV) sector. The month of August saw them offloading over 15,900 electric cars, which is a substantial 82% increase year-over-year. This surge can largely be attributed to the enthusiasm surrounding their new EV models, the EV6 and EV9. Together, these models accounted for 9,578 units sold.
Kia starts stamping its mark on the electric vehicle sector
The EV9 is making waves internationally. Its maiden export batch included more than 2,250 units, predominantly destined for markets outside South Korea. This underscores Kia's aggressive global strategy for the electric segment. As for retail sales beyond Korean shores, the EV6 is the frontrunner with 7,479 units sold, 2,449 of which found homes in the U.S. Established models like the Niro EV and Soul EV continued to maintain their market presence, collectively contributing to over 7,000 sales internationally.
Analysts predict that given the current trajectory, Kia's monthly EV sales are set to exceed the 10,000 units mark, particularly with the robust reception the EV9 has received in the market.
China takes historic steps in artificial intelligenceSoftware & Services
