kia

The automotive industry could be one of the American sectors hit hardest by President-elect Donald Trump's announced tariff plans on Canada and Mexico. What Happened: The incoming White House administration could significantly impact various industries and influence pricing for everyday goods and...

Hyundai Motor (OTC:HYMTF) and Kia Corp are together recalling over 208,000 electrified vehicles in the U.S. citing concerns about a loss of driving power, the National Highway Traffic Safety Administration (NHTSA) said on Friday. What Happened: The recall population includes 145,235 Hyundai...

Elon Musk reacted to a new incentive program by Kia targeting Tesla Inc. (NASDAQ:TSLA) EV owners. What Happened: On Wednesday, Musk commented on a post by Tesla Investor Sawyer Merritt. Merritt shared news about Kia’s new cash incentive aimed at Tesla owners. Merritt’s post was about an...

Automaker Hyundai Motor Company (OTC:HYMTF) has claimed the title of the second-largest electric vehicle company in the U.S. through the first six months of the year. What Happened: Hyundai — owner of the Genesis and Ioniq brands, as well as 34% of Kia — accounts for roughly 10% of the EV market...

Kia unveiled its first compact electric SUV, the EV3, on Thursday, as the global EV market growth decelerates. What Happened: The EV3 is part of Hyundai Motor Group‘s (OTC:HYTMF) plan to introduce over 31 electric models by 2030. Kia aims to sell approximately 1.6 million EV units by that...

Hyundai Motor‘s (OTC:HYMTF) sister company Kia has reportedly initiated a cash incentive program for its U.S. dealers in a bid to clear inventory and increase sales. What Happened: Kia’s sales of electric vehicles (EVs) saw a significant increase in the first quarter of 2024. However,...

Hyundai Motor (OTCPK: HYMTF) affiliate Kia Corporation on Tuesday named Oliver Samson and Seungmo Lim as the new Senior Chief Designers for its Europe and China Design Centers, respectively. Samson and Lim had previously worked with the most renowned automakers around the globe. What Happened: The...

In a recent move to stay competitive in the burgeoning EV market, Hyundai Motor Co-owned (OTC:HYMTF) Kia has significantly ramped up the discount on its 2024 EV9 models, offering customers a hefty $5,000 cash rebate. What Happened: As reported by Electrek on Tuesday, Kia has chosen to...

The South Korean government has introduced a new EV policy aimed at supporting domestic automakers Hyundai and Kia while addressing the competitive threat posed by Tesla Inc.’s (NASDAQ:TSLA) Model Y and Chinese juggernaut BYD Co (OTC:BYDDY) (OTC:BYDDF). What Happened: The...

EV giant Tesla Inc. (NASDAQ:TSLA) reportedly sold only one of its cars in South Korea in the first month of 2024. What Happened: According to Bloomberg, Tesla managed to sell just one Model Y SUV — the bestselling car worldwide — in the Asian country in January, as reported by...

In 2023, Tesla Inc (NASDAQ:TSLA) retained its title as the best-selling EV maker in the U.S., to no one’s shock. However, lurking in the shadows are surprising contenders, not from traditional rivals like Ford or GM, but from a South Korean automaker and an emerging EV...

Next week, Kia (OTC:KIMTF) is set to unveil new electric vehicles at their EV Day event in Yeoju, South Korea. The event will take place on October 12, promising more details on Kia’s new electric models. The South Korean automaker announced that it will showcase “three new small...

Electric vehicle (EV) giant Tesla Inc (NASDAQ: TSLA) has made headlines in 2023 for its Model Y becoming one of the bestselling vehicles worldwide. Price cuts and incentives have made the vehicle more affordable for some and has led to the vehicle being chosen over other EV rivals or traditional...

Kia (OTC:KIMTF) has introduced its latest electric SUV, the EV5, in a recent video showcasing the vehicle’s interior and exterior features, Electrek reported. Kia had officially unveiled the compact EV5 electric SUV at the Chengdu Motor Show in China, less than two weeks ago. Focusing on the...

Kia America (OTC:KIMTF) has disclosed that it achieved record-breaking sales in August 2023. This notable achievement marks the company’s most successful August sales to date and the second-highest monthly total in the company’s history. What Happened: The automotive...