A fair smaller, lower-priced Kia EV is on the way in which. With the rising demand for extra reasonably priced EVs, Kia needs to be the one to supply them. Kia stated we could even see it at its subsequent EV Day. Right here’s what we find out about what’s going to seemingly be referred to as the Kia EV1 when it arrives.
What we all know concerning the Kia EV1 to this point
Throughout its EV Day occasion final week (see our recap), Kia unveiled a number of extremely anticipated fashions which can be already making a buzz.
We obtained our first have a look at the EV4, Kia’s first electrical sedan and hatchback, and the PV5, its first devoted electrical enterprise van.
Kia additionally shocked the group by previewing its smallest and latest mannequin, the EV2 idea. The compact (B-segment) crossover SUV rounds out Kia’s “EVs for all” lineup, with fashions priced from $30,000 (EV2) to upwards of $80,000 (EV9 GT). However the firm will not be stopping right here.
Through the occasion, Kia’s CEO Ho Sung Music confused the necessity for an excellent smaller, lower-priced EV slotted beneath the EV2.
“I feel the EV2’s main goal is early majority clients,” Music stated (Through Automotive Information), including “But when we wish to transfer to the late majority buyer goal, we undoubtedly want a decrease measurement and a cheaper price.”
Based on Music, Kia is already “internally finding out what might be our entry EV product, other than the EV2.” We could even get to see it as early as subsequent 12 months.
“And possibly on the subsequent EV Day, we’ll present you,” Music teased attendees. Though no different particulars have been supplied, costs are anticipated to start out beneath €30,000 ($31,000), which might be about what the EV2 will value when it arrives subsequent 12 months.
The EV2 could have two totally different battery choices. One might be LFP with a minimum of 190 miles (300 km) WLTP driving vary, whereas the opposite, an NMC, might be supplied on larger trim long-range fashions with as much as 280 miles (450 km).
Kia hasn’t launched full specs however with the EV3 sitting at 4,300 mm lengthy, the EV2 is anticipated to be round 3,800 mm, or barely smaller than the Hyundai Inster EV (3,825 mm). The EV1 might be much more compact at round 3,600 mm, or concerning the measurement of the Kia Picanto.
Electrek’s Take
Kia is laying the groundwork for vital progress over the subsequent few years. Final 12 months, it bought over 200,000 EVs globally.
With the EV3, EV4, EV5, EV9, and upgraded EV6 rolling out, the corporate expects to promote over 250,000 in 2025, and 2026 could possibly be even larger.
By 2030, Kia needs to promote 1.6 million electrical automobiles, or about 30% of world gross sales. Not solely is Kia launching reasonably priced, mass-market fashions, it’s increasing business electrical vans.
Kia’s PBV (platform Past Car) is a complete mobility answer, or “match for function EVs,” that can be utilized for private (Van life, anybody?) and enterprise functions (supply, pop-up retailers, logistics, ride-hailing, and so forth.).
Now, Kia needs to launch an much more reasonably priced mannequin. Decrease-cost EVs, like Volvo’s new EX30, are proving there may be demand. The EX30 was the third best-selling EV in Europe final 12 months, beginning round €36,00 ($37,200).
With an anticipated value beneath €30,000, the Kia EV1 will compete with Volkswagen’s upcoming ID.1, previewed final month.
Maybe, extra importantly, it would assist Kia compete with the surge of low-cost Chinese language EVs coming into international markets.
What do you consider a smaller, Picanto-sized Kia EV? Would you purchase one for beneath $30,000? Tell us within the feedback.
FTC: We use revenue incomes auto affiliate hyperlinks. Extra.
