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 Automakers are facing a tougher EV market in the United States after Congress repealed the $7,500 EV tax credit last year but higher gasoline prices in recent weeks has prompted new interest in the EVs.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)
© 2026 by Asian Media Group Inc.
Recent Articles
- US Consumers Favor Homebuying over Renting for First Time Since 2023
- US Manufacturing Rises but Factory Employment Falls to Six-Year Low
- Meta Launches Cheaper AI Smart Glasses Starting at $299
- How the Philippines Went from an Asian Economic Leader to Laggard
- Pakistan May See Economic Dividend from Its Role As Peacekeeper
- KOSPI Plunges Nearly 10% After Regulator Warns on Leveraged ETFs
- Asian Refiners See Little Room for Iranian Oil, Leaving China as Key Buyer After US Waiver
- China Beats US with World's Fastest Non-AI Supercomputer
- Mamdani's Socialist Pull to Be Tested in Tuesday's Primaries
- Chinese Self-Driver Momenta to Launch Hong Kong IPO Next Week
