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Kia Slows U.S. Production of Electric SUV Amid Battery Rules and Policy Uncertainty

Kia Slows U.S. Production of Electric SUV Amid Battery Rules and Policy Uncertainty

SEOUL, Nov. 18 (Korea Bizwire) – Kia has significantly scaled back production of its EV9 electric SUV at its Georgia plant, as the automaker navigates stricter U.S. tax credit requirements and awaits the completion of local battery manufacturing facilities. According to Kia’s sales data, only 21 EV9s were produced at the Georgia plant through the third [...]

Electric Vehicle Market Sees Size Divide Between Domestic and Export Sales in South Korea

Electric Vehicle Market Sees Size Divide Between Domestic and Export Sales in South Korea

SEOUL, Sept. 26 (Korea Bizwire) – As the global electric vehicle (EV) market navigates through a period of slowing demand, a clear divergence in consumer preferences is emerging between South Korea’s domestic market and its export destinations.  According to data from the Korea Automobile & Mobility Association (KAMA), small electric vehicles are gaining traction domestically, while [...]

Hyundai Motor Group Dominates 2024 Kelley Blue Book Best Buy Awards with Four Top Honors, Including Repeat Triumph for Ioniq 5 as Best Electric Car

Hyundai Motor Group Dominates 2024 Kelley Blue Book Best Buy Awards with Four Top Honors, Including Repeat Triumph for Ioniq 5 as Best Electric Car

SEOUL, Dec. 9 (Korea Bizwire) – On Thursday, Hyundai Motor Group proudly announced its achievement of securing four top accolades in the 2024 Best Buy Awards by Kelley Blue Book, a prominent U.S. automotive publication. The Hyundai Ioniq 5 was acknowledged as the premier electric vehicle (EV), the Hyundai Kona claimed the title of best [...]

Kia’s EV9 Features Innovative Seat Technology from Hyundai Transys

Kia’s EV9 Features Innovative Seat Technology from Hyundai Transys

SEOUL, July 21 (Korea Bizwire) — Hyundai Transys Inc., an auto parts unit of Hyundai Motor Group, said Thursday that its low-power and lightweight technologies, along with interior space utilization technology, into Kia Corp.’s all-electric EV9 flagship SUV. These advancements were developed to enhance the power consumption efficiency of electric vehicles. One of the innovative [...]

Kia to Launch All-electric EV9 SUV in S. Korea This Week

Kia to Launch All-electric EV9 SUV in S. Korea This Week

SEOUL, June 18 (Korea Bizwire) – Kia Corp., South Korea’s second-biggest carmaker, said Sunday it will launch its all-electric EV9 flagship SUV in the domestic market this week as part of its electrification efforts. The three-row seater is Kia’s second model equipped with Hyundai Motor Group’s dedicated electric vehicle platform, called E-GMP, after the EV6 [...]