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Kia EV5 shows promise in the world’s largest EV market as brand sales top 20,000 again

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Kia is growing in China as most foreign automakers are rapidly losing market share. Foreign automakers like Toyota, Volkswagen, and GM are struggling to keep up with aggressive price cuts and an influx of new competition. After launching its new low-cost electric SUV, the EV5, Kia is already seeing the results, as brand sales in China topped 20,000 for the third straight month in August.

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Kia and Honda’s massive incentives spark a surge in EV registrations in July

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Several EV models sold with over $10,000 in incentives in July, driving registrations up 18% from last year in the US. Kia’s new EV9 was among the most heavily discounted, selling with over $19,700 in incentives. Other models, like the Honda Prologue and Volkswagen ID.4, were also heavily discounted, which helped spark growth.

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Kia’s affordable EV3 officially spotted in the US ahead of its upcoming debut [Images]

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After opening pre-orders in Korea starting at just $30,700 (KRW 42.08 million), Kia’s EV3 is already a social media sensation. Will the “game-changing” EV3 have the same effect in the US? Ahead of its official market debut, the EV3 was spotted testing in the US. Here’s when we can expect to see Kia’s new affordable EV in the US.

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