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Kia EV5

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Kia set to export this all-electric SUV at a price that undercuts Tesla

Kia-EV5

South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y, which is the best-selling SUV in the country. A global launch is set for next year, but will that include the US?

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The Kia EV5 and its cool bench seat may never come to the US

The Kia EV5 was first announced in concept form last month. Today, Kia is releasing more details on the production version at its EV Day event in Korea. Nearly everything on paper about the car sounds great: a boxy, mid-sized electric SUV designed to comfortably seat five with 330 miles of range and attractive pricing. The EV5 will start around $35,000 for the basic FWD model and go up to $50,000 in the top-tier long range AWD trim. That pricing appears to be a global estimate from Kia’s CEO, according to InsideEVs, who attended the launch — so don’t take this as an indicator of US pricing. Unfortunately, Kia is signaling that the Inflation Reduction Act means the car may never come to the US at all (more on that later).

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