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VW Confirms An Affordable €20,000 Entry-Level EV For 2027

Volkswagen Group has been contemplating a €20,000 EV for quite some time now. VW has finally announced that its affordable €20,000 ($21,680 as per current exchange rates) entry-level EV will debut in 2027. The Wolfsburg-based auto giant has been working relentlessly on an inexpensive electric car to cater to the masses for a long time now. That is in line with its promise to create mobility for all in the upcoming electrified world. While not many details are available at the moment, we can assume the working title to be ID.1 for the moment. You might also like: VW CEO Says PHEVs Are Necessary Transitional Technology VW Announces Entry-Level EV For 2027 The official press release from Volkswagen Group mentions that in order to achieve the ambitious target of offering an EV for €20,000, a “high degree of localization” is needed. This model will initially be for the European market only. A key advantage of that is the reduction of long transport routes, which consequently minimizes CO2 pollution. Once the customers embrace it, we might witness it moving to other parts of the world. During this announcement, Volkswagen Group even released a teaser image of the silhouette of this entry-level EV. Albeit not much could be deduced from the image, it evidently bears a crossover body type. On top of that, one could even recognize the tall-boy stance with a short wheelbase. The wheel arches are quite well-pronounced. The rear section showcases a roof-mounted spoiler. The ID.2 SUV (slated to debut in 2026) inspiration is vivid. Management Comments On this momentous occasion, Oliver Blume, CEO Volkswagen Group said, “Generations of people associate the strong brands of the Volkswagen Group with their first car – and with affordable mobility. As a group with strong brands, we continue to assume this social responsibility to this day. That’s why I’m very pleased that we’re launching a future-oriented project. It’s about entry-level electric mobility from Europe for Europe. In doing so, we combine a clear commitment to Europe as an industrial location, a European industrial policy and ultimately act in the interests of European customers.” The CEO of the Volkswagen brand and head of the Brand Group Core, Thomas Schäfer remarked, “The future is electric. In order for electromobility to become widespread, attractive vehicles are needed, especially in the entry-level segment. Our brand promise is: electromobility for all. This promise is now being fulfilled in the Brand Group Core. Despite the attractive price, our vehicles will set standards in the entry-level segment in terms of technology, design, quality, and customer experience. This task has become more demanding due to rising energy, material, and raw material costs. One thing is clear: electromobility from Europe for Europe can only succeed with political support and competitive framework conditions.” You might also like: Hyundai Ioniq 7 Electric SUV Spied Testing Ahead of June 27 Debut Learn Electric Cars Says Affordable electric cars are what all major carmakers are heading toward. Due to the exorbitant prices of EV batteries in the last few years, it was almost impossible to offer a comparable vehicle at a price point in the vicinity of the ICE car. But with time, the battery costs have come down. The other enormous issue preventing mass adoption is range anxiety due to the lack of charging infrastructure. That is also being addressed by various governments around the world. Finally, the initial wave seemed to have plateaued, at least in the big markets like the U.S., China and the EU. Going forward, only low-cost EVs will be able to spur demand and generate traction and sales. Hence, most legacy carmakers are aiming for that enticing under-$25,000 price point. Once that becomes widespread and charging infrastructure catches up, we are bound to have more EVs on the roads.

Discounts On Rivian R1T And R1S – All You Want To Know

1 Comment / EV News / By LEC Team

The American EV startup is adopting the orthodox method of boosting sales. In a bid to boost its Q2 sales, Rivian is offering enticing discounts on its R1T and R1S EVs. The California-based EV startup is evidently feeling the heat as the U.S. EV industry braces for a slowdown. However, to boast decent sales figures for Q2, Rivian is offering attractive offers on the existing inventory for 2023 and 2024 models of the R1T electric pickup truck and R1S three-row electric SUV. You might also like: 2025 Rivian R1 EVs To Get Heat Pump As Standard, New LFP Battery Discounts on Rivian R1T and R1S Note that the price cuts are applicable to the existing inventory both in the U.S. and Canada. A Drive Tesla Canada report highlights the specifics of this offer. Various price cuts are being offered on multiple versions of the R1T and R1S. These include: Rivian R1T Electric Pickup Truck Rivian R1S Electric SUV These are some pretty decent and sizeable discounts to reel new customers in. It is, sort of, becoming crucial to draw buyers in to ensure a decent quarter. Note that Rivian delivered a healthy 13,588 EVs in Q1 2024. While this marks a remarkable 71% growth on a year-on-year basis, it is still less than what it sold in the previous three quarters. Therefore, the EV startup wants to maximize its chances to close this quarter on a high. Regarding these price cuts, Rivian said, “Now is the time” to take advantage of the discounts of “approximately 20 per cent”. Remember these offers are valid on the existing inventory only. Apart from that, Rivian recently confirmed that it is partnering with Google on Google Cast and YouTube integration for its EVs. It will allow the drivers to stream high-definition video content with premium sound directly to their vehicles’ screens using a native YouTube app and Cast-enabled apps on their smartphones or tablets. You might also like: Rivian R3 Reminds Us Of Hyundai Ioniq 5, R2 Also Spotted Testing Learn Electric Cars Says The need to resort to the oldest trick in the book (price cuts) informs us that the atmosphere surrounding EV growth and sales is slightly concerning. Sure, it is not the end of the road for electric cars as most EV-haters would suggest. The overall sales are projected to keep growing. However, the pace at which the growth was anticipated will most likely be slow. This is true for the U.S. and China, the two biggest automobile markets on the planet. To know the specifics of what the exact scenario would be like this year, we shall have to wait.

Kia EV3 Breaks Cover – All You Need To Know

2 Comments / EV News / By LEC Team

The much anticipated Kia EV3 has finally been revealed with evident inspiration from the flagship EV9. The Kia EV3 compact electric SUV has been revealed a few hours ago. The Korean auto giant has gone all out with the amount of tech, features, specifications and connectivity. With aesthetics looking like the younger sibling of the mighty popular EV9, the interior bears minimalist elegance and an uncluttered layout. It will be introduced in Korea in July 2024 followed by the European launch in the second half of the year. Other regions will follow thereafter. You might also like: Kia Electric Pickup Truck Spied Testing, Looks Inspired By EV9 Kia EV3 Revealed – Specs I shall commence with what powers the new compact electric SUV. It gets a fairly large 81.4 kWh battery in the Long Range trim and a decent-sized 58.3 kWh battery in the Standard model. Both these trims make use of electric motor which generates a healthy 150 kW (204 PS) and 283 Nm (209 lb-ft) of max power and torque. This propels the EV3 from 0 to 100 km/h (62 mph) in a respectable 7.5 seconds. The top speed is a decent 170 km/h (105 mph). It continues to use Hyundai’s E-GMP architecture. The Long Range model boasts a commendable 600 km (373 mi.) (WLTP) range on a single charge. Using a DC fast charger, the battery can be replenished from 10-80% in 31 minutes. With a full 3D undercover, the drag coefficient is a cool 0.263 Cd. State-of-the-art Battery Management Unit (BMU) and Cell Monitoring Unit (CMU) technology ensure that the high-voltage batteries use energy efficiently. Specs Kia EV3 Battery 81.4 kWh and 58.3 kWh Range 600 km (373 mi.) [WLTP] Power 150 kW (204 PS) Torque 283 Nm (209 lb-ft) DC Fast Charging 10-80% in 31 minutes Acc. (0-100 kmph / 62 mph) 7.5 seconds Top Speed 170 km/h (105 mph) Specs Dimensions and Storage Being a compact electric SUV, the Kia EV3 bears appropriate dimensions and excellent storage capacity. It measures 4,300 mm in length, 1,850 mm in width, 1,560 mm in height and has a wheelbase of 2,680 mm. That makes it quite spacious for a compact SUV. There are two storage spaces – a 460-litre boot and a handy 25-litre frunk. Dimensions Kia EV3 Length 4,300 mm Width 1,850 mm Height 1,560 mm Wheelbase 2,680 mm Storage 460-litre boot & 25-litre frunk. Dimensions and Storage You might also like: Kia EV9 GT Will Boast 0-62 mph Time of 4 Secs, Debut in January 2025 Features, Tech and AI The interior of the new Kia EV3 offers a rather sophisticated and minimalist cabin with a generous use of recyclable materials like Polyethylene terephthalate (PET). These are among the most easily recycled plastics in the world. You would find these in numerous areas of the interior, including the seats, headliner, door armrests, garnish, floor mats, and luggage board. The top highlights of the latest tech include: You might also like: 2025 Kia EV6 Gets A Bigger Battery And More Range Learn Electric Cars Says The launch in the native market will take place in July. By the end of this year, we will see the compact electric SUV in Europe followed by other international markets early next year. With the EV3, Kia aims to cater to the mass market by ensuring premium features at relatively affordable prices. As is the case with almost all technologies, the top amenities trickle down to smaller models. That seems to be the case here as well. The EV3 gets toned-down versions of many elements from the EV9. I am excited about seeing how well the customers embrace it.

VinFast VF8 California Crash Under Investigation

VinFast Crash Which Killed A Family In U.S. Under Investigation

EV News / By LEC Team

US regulator launched a preliminary investigation into the fatal crash in Pleasanton, California which killed a family of 4. The NHTSA (National Highway Traffic Safety Administration) commenced the investigation into the VinFast crash in California on April 24, which led to the demise of four family members. The deceased also included two children aged 9 and 13. This tragic incident occurred when a VF8 electric SUV crashed into an oak tree in Pleasanton, California. After the crash, the EV was engulfed in flames. The deceased were identified as Tarun George, Rincy George and their two children. You might also like: VinFast Unveils Two Vehicles at CES 2024 – Electric Pickup Truck and Small Electric SUV VinFast Crash Under Investigation A Reuters report confirms that the investigation started after a coworker of the deceased driver filed a complaint with NHTSA on April 29 regarding a steering problem in the electric SUV. He feared that the same issue could’ve been the reason for the fatal crash. Reportedly, he loaned the vehicle to the Tarun. The Police said that no other vehicles were involved in this crash and that speed could’ve played a role. After hitting an oak tree, the EV caught fire. However, the Pleasanton Police Lt. Erik Silacci, while speaking to Pleasanton Weekly, said that the investigators think that the passengers died due to the impact and not the ensuing fire. NHTSA typically opens over 100 special crash investigations annually. These are mostly in relation to emerging technologies and potential auto safety issues. After receiving the news of the deadly crash, VinFast spokesman told the Pleasanton Weekly that the company is “aware of this tragic accident in Pleasanton and our hearts go out to the family. The authorities are currently investigating the cause of the accident and will share their findings when their work is completed.” Hence, we must wait for more concrete details until the completion of this investigation. You might also like: 2025 Rivian R1 EVs To Get Heat Pump As Standard, New LFP Battery Learn Electric Cars Says It clearly looks like the Vietnamese carmaker is really struggling at the moment. Remember it started selling the VF8 electric SUV in the U.S. in January 2023. However, it faced a recall due to the infotainment screen going blank. On top of that, the sales figures were quite disappointing throughout 2023. It is clearly not the start VinFast was looking for. Thankfully, the sales seem to be picking up in 2024. Let us see which impact this investigation has on its sales going forward.

2025 Rivian R1S Camouflage Front Three Quarters

2025 Rivian R1 EVs To Get Heat Pump As Standard, New LFP Battery

1 Comment / EV News / By LEC Team

The upcoming 2025 iterations of the R1 models (R1T and R1S) will bear exciting new components including a heat pump and a new LFP battery. The 2025 Rivian R1 models will come with an LFP (Lithium Iron Phosphate) battery along with a series of updates. The American EV startup has been gaining popularity among the masses for quite some time now. It wants to ensure that the models on sale remain fresh. That is critical to tackle the growing competition in this electric pickup truck space. This information stems from leaked certification documents. The release of the 2025 models might take place on June 27 (Investor Day). You might also like: 4 Electric Pickup Trucks Driven Until They Died – Tesla, Ford, Rivian, Chevy 2025 Rivian R1 To Get LFP Battery There is a slew of information in the leaked documents. Firstly, the standard battery size would be reduced from 105.9 kWh to 92.5 kWh. This will also lead to a reduction in weight by 150 lbs (70 kg). Furthermore, this battery will be available with LFP chemistry. These are low-density batteries with a long life, limited usage of rare earth minerals and low cost. Clearly, the American EV startup is focusing on maximizing profitability. Apart from the battery pack, the 2025 Rivian R1 dual-motor AWD models will also get the option of choosing between either 20-inch or 22-inch alloy wheels. Gone are the 21-inchers. The 22-inch wheels will be offered in two configurations – Aero and Performance. The fast charging capabilities will be 210 kW (similar to the current models). Furthermore, the AC compressor will be relocated to improve NVH (Noise, Vibrations, Harshness) levels. Also, heat pump will be standard across the range. The documents also mention that the 20-inch wheels will allow a range of 380 miles (612 km) in the city and 322 miles (518 km) on the highway. This number surges to a rather attractive 405 miles (652 km) in the city and 340 miles (547 km) on the highway with the 22-inchers. I must mention here that these stats were recorded on a rolling road and will be lower in the real world. Also, we have to wait for the official EPA tests for final range figures. Finally, we know that Rivian is now eligible to use Tesla’s Supercharging network. That is why it was considered that the 2025 models could come with NACS as standard from the factory. But that is not the case. It will continue to get the CCS port and the owners could access the Superchargers via an NACS adapter. You might also like: Rivian R3 Reminds Us Of Hyundai Ioniq 5, R2 Also Spotted Testing Learn Electric Cars Says After the arrival of the Tesla Cybetruck, the electric pickup truck category is experiencing fierce competition. Products like the Ford F-150 Lightning, GMC Hummer EV and Chevrolet Silverado EV are the prime rivals of the Rivian R1T. It makes sense to keep updating these models so that potential buyers can experience fresh updates from time to time. While there won’t be too many major changes to the 2025 Rivian R1 models, the incremental improvements will go a long way in ensuring customers’ interest.

Astronomical Prices of Used Tesla Cybertruck Recede

EV News / By LEC Team

Increased production capacity and reduced exclusivity are the chief reasons to drive the prices down. The prices of a used Tesla Cybertruck were around $200,000 in the second-hand car market only a few months ago. In recent years, it has become quite common to charge a markup on the original value of a famous or trendy vehicle and sell it in the used car market. Basically, the asking prices are directly proportional to the traction a new vehicle commands. When it comes to the buzz, I reckon there has hardly been an EV as widely anticipated as the Tesla Cybertruck in the last 4 years. No wonder, flippers were charging a premium of over 100%. You might also like: Ford F-150 Lightning Outsells The Next 3 Electric Pickup Trucks Combined in Q1 2024 Prices of Used Tesla Cybertruck The internet has been full of outrageous quotes from Tesla Cybertruck owners for the electric pickup truck as a used car. For instance, one owner in Beverly Hills, CA is asking for $209,000 for his/her 2024 Tesla Cybertuck with just 105 miles on the odometer. Most listings on this portal indicate a price of above $170,000. That is quite a markup for the MY2024 model. Note that there are some people whose full-time job is to book an anticipated car early, and then flip it for insane gains quickly as its demand surges. After the Cybertruck was launched back in December 2023, there were reports of the futuristic electric pickup truck having bagged 2 million reservations. I understand that the conversion rate would be dramatically low. Still, that amount would’ve taken a lot of time to fulfil as per the production capacity. As a result, it became incredibly popular in the used car market. At the time, there was also a sense of exclusivity associated with it. Hence, wealthy elites among us happily paid the premiums. However, as months passed and the owners started reporting some problems, the demand for the electric pickup truck was reduced. Don’t get me wrong, the issues are much less in comparison to the success. Still, due to the tall claims of Elon Musk, every little problem was amplified by the public and media alike. In any case, after around 6 months of the launch, Tesla has increased the production capacity and the exclusivity quotient is almost non-existent. Therefore, you can find a used Tesla Cybertruck for prices ranging around $130,000 in the market at the moment. One could argue that these are acceptable premiums, especially after considering the registration and taxes on the brand-new model. There are still huge waiting periods for the Tesla Cybertruck. Hence, if you happen to have a bunch of cash lying around and want to experience the distinct electric truck, going for these options with a couple of hundred miles on them might not be such an insane idea. What Did Tesla Do? Knowing what was going on in the used car market, the American EV giant responded by allegedly making the buyers sign an agreement which said that the Cybertruck couldn’t be sold within the first year of ownership unless the owner followed a strict set of procedures and Tesla approved the VIN for resale. Any owner who refused to follow this agreement would supposedly be compelled to pay “$50,000 or the value received as consideration for the sale or transfer, whichever is greater.” Furthermore, Tesla could also refuse to sell a vehicle to such people in the future. Unfortunately, it remains unknown whether Tesla ever implemented this process on anyone. You might also like: 2 in Top 5 Used EVs Come From Tesla as Used Car Industry Grows Learn Electric Cars Says Flipping new in-demand cars in the used car market is an established practice. This is prevalent all across the world. People who constantly follow the electric car industry know which vehicles are creating a buzz among potential buyers. They often book a car on the first day. When the launch takes place and the waiting times surge, they offer the new car at a premium. Depending on your negotiating skills, you can beat the long queues for delivery by paying a markup. I believe this is not a bad idea since no one is forcing anyone to buy. If you have the funds, are enthusiastic enough about a car and are willing to pay the premium, you can own it.

Hyundai Ioniq 7 Electric SUV Spied Testing Ahead of June 27 Debut

2 Comments / EV News / By LEC Team

The Hyundai counterpart to the already successful Kia EV9 is prepping for its official unveiling at the Busan Auto Show next month. Hyundai Ioniq 7 electric SUV will be the first 3-row BEV from the Korean auto giant. It is the production version of the Hyundai Concept SEVEN showcased back in 2021. Utilizing Hyundai’s recognized E-GMP architecture, the large SUV was seen testing on roads in its domestic market wearing a thick camouflage. The debut is slated for June 27 at the 2024 Busan Motor Show. The production will commence at Hyundai’s Asan plant in South Korea. I was able to squeeze out some design details from the latest spotting. You might also like: Hyundai To Launch New EV Brand In China; Plans 5 EVs In 3 Years Hyundai Ioniq 7 Electric SUV – Design I encountered the spy media on the Autospy portal. While the camouflage covers the body of the 7-seat EV, the front fascia reveals a split-LED headlamp setup. It includes LED DRLs on the bonnet bifurcating the headlamp cluster into two halves and another vertically-oriented LED headlamp unit on the bumper below. This layout bears a resemblance to the Concept SEVEN. On the sides, I find this alloy wheel design rather similar to what regular ICE Hyundai cars wear. I don’t believe this pattern will be carried forward to the production-spec version. That will likely have a design which will aid the aerodynamics of the electric SUV. In fact, we have seen such alloy wheels on the Ioniq 5 and Ioniq 6. The side profile even showcases large windows, flush-fitting door handles, black side pillars and a slightly sloping roofline toward the rear. Coming to the tail section, we experience a unique appearance with a boxy silhouette, and interesting LED taillamps which appear to cover the edges of the entire bootlid including the vertical section on the sides and a horizontal section on the top. Overall, the Hyundai Ioniq 7 will offer its distinct identity with a road presence unlike anything else. Hyundai Ioniq 7 Electric SUV – Specs While there have been no official announcements just yet, I expect it to share the powertrain options with the Kia EV9. The latter gets either a 76.1 kWh or a 99.8 kWh battery pack. In the most powerful dual-motor AWD settings, the EV9 makes a healthy 378 hp and 700 Nm of maximum power and torque. The official driving range is a decent 349 miles (562 km) as per WLTP. The 350 kW DC fast charging and 800-volt system allow recuperation of 154 miles (248 km) of range in just 15 minutes. In the regular single-motor RWD version, the peak power and torque are usable 200 hp and 350 Nm. Just like the EV9 GT, the Hyundai counterpart could see an N version down the line. More details will be revealed closer to the launch. Specs (exp.) Hyundai Ioniq 7 Battery 76.1 kWh or 99.8 kWh Drivetrain RWD / AWD Power 200 hp (RWD) / 378 hp (AWD) Torque 350 Nm (RWD) / 700 Nm (AWD) Range 349 miles (562 km) [WLTP] Platform E-GMP Charging 350 kW DC, 800-volt – 24 minutes (10-80%) Expected Specs You might also like: Kia Electric Pickup Truck Spied Testing, Looks Inspired By EV9 Learn Electric Cars Says I believe the Hyundai Motor Group is smartly crawling toward the top of the EV industry with its current products. I don’t need to tell you that electric cars from Hyundai and Kia have been immensely popular across the globe in the last couple of years. In fact, this is validated by the fact that they have bagged some prestigious awards from critics. In addition to that, the monthly sales of these EVs are a testament to how well the customers have embraced them. EVs like the Hyundai Ioniq 5, Hyundai Ioniq 6, Kia EV6 and Kia EV9 and becoming popular among the masses. Going forward, the Hyundai Ioniq 7 is about to join this list. Since it will largely share components, powertrains and features with the EV9, the chances of its success are high. I shall keep an eye out for more information about the Ioniq 7 as and when it appears. However, I must admit that things look positive for Hyundai’s iteration of the EV9.

Kia Electric Pickup Truck Spied Testing, Looks Inspired By EV9

1 Comment / EV News / By LEC Team

After the resounding success of the Kia EV9 7-seat electric SUV, the Korean auto giant is planning to give a shot to the electric mid-size pickup truck segment. The upcoming Kia electric pickup truck is finally on the road, albeit wearing a thick camouflage. Videos of the EV have surfaced online. This comes after Kia gets closer to launching its first pickup truck, the Tasman. But the electric pickup truck, which looks inspired by the design philosophy of other Kia EVs, will become the second pickup from the Korean car marque. I don’t think it will aim at competing against the likes of the Tesla Cybertruck and Rivian R1T in terms of performance. Therefore, it could lock horns with legacy pickups like the Ford F-150 Lightning, Chevrolet Silverado EV and Ram 1500 REV. You might also like: 2025 Kia EV6 Gets A Bigger Battery And More Range Kia Electric Pickup Truck – Design This video has been uploaded by KindelAuto on YouTube. The 2-minute-35-second-long video captures the mid-size electric pickup truck on the highways in the U.S. Interestingly, the video takes notice of the EV from every angle thoroughly. Look closely and you will even be able to spot the trademark matte blue colour of the EV9. At the front, the camouflage lets you peep inside at the LED DRLs and LED headlamp setup which remind us of the EV9. Furthermore, the taillamps seem to be borrowed from the Hyundai Santa Cruz. Still, I expect these elements to change slightly in the production-spec model. There are not enough details about the specifications of this electric truck just yet. But what could be intriguing to experience is the next-gen EV platform from Hyundai. This platform will likely offer more range at a more affordable price. For reference, the existing EV9 has an EPA-estimated range of 304 miles (489 km). Also, the price tag is an attractive $54,900. You might also like: Kia EV3 Teased Ahead of May 23 World Premiere Learn Electric Cars Says Hyundai Motor Company is aggressively focusing on expanding its global footprint. This strategy is also applicable to its sub-brands – Kia and Genesis. Apart from preparing global models, they are ensuring that they cater to all major market segments too. In fact, Kia has announced plans to launch 2 EVs every year and complete the lineup by 2027. Going by this logic, we can expect up to 8 new EVs by the end of 2027 if we start counting from 2024. Also, since SUVs have been the flavour of the season for most international markets in the last few years, Kia is focusing on this segment along with its derivatives like pickup truck space. Pickup trucks are excessively popular in markets like the U.S., Australia, the Middle East, Canada, etc. Going forward, we are bound to see more electric pickup trucks. This trend is already taking shape in the U.S. Therefore, Hyundai’s commitment to cater to the evolving trends could be the key to the conglomerate’s success in times to come.

2025 Kia EV6 Gets A Bigger Battery And More Range

1 Comment / EV News / By LEC Team

The wildly successful Kia EV6 has been updated for the model year 2025 with aesthetic, as well as performance enhancements. The 2025 Kia EV6 has been updated in the domestic market with a bigger battery pack and improved range. As is the case with every mid-life facelift, there are visual enhancements to set it slightly apart from the current model. Additionally, there are some new features on offer to make the already compelling EV even more enticing. Note that the current update is applicable to the Korean and Australian models. But the EV6 will get refreshed in other parts of the world, most likely, by the end of this year. You might also like: Kia EV9 GT Will Boast 0-62 mph Time of 4 Secs, Debut in January 2025 2025 Kia EV6 Gets Bigger Battery and More Range The 2025 Kia EV6 now gets an 84 kWh battery pack, replacing the familiar 77.4 kWh unit found in other EVs under the Hyundai Motor Group umbrella. While the EPA or WLTP range figures elude us at the moment, the 2025 Kia EV6 now offers a range of 494 km (307 mi.) up from 475 km (295 mi.) on the Korean test cycle. For the record, the Korean test cycle is more stringent than the WLTP cycle. Charging this new battery will continue to cost 18 minutes for 10% to 80% using a 350 kW DC ultra-fast charger. Furthermore, the EV6’s frequency-selective dampers now offer better ride comfort after improvement. The motors are now quieter and the body is stronger for more safety. I don’t expect any changes to the specifications. The RWD version will continue to offer 225 hp (168 kW) and 350 Nm (258 lb-ft), while the AWD variant will offer 320 hp (239 kW) and 605 Nm (446 lb-ft) of maximum power and torque, respectively. Specs 2025 Kia EV6 Battery 84 kWh Drivetrain RWD / AWD Range (Korean Cycle) 494 km (307 mi.) Power (RWD / AWD) 225 hp (168 kW) / 320 hp (239 kW) Torque 350 Nm (258 lb-ft) / 605 Nm (446 lb-ft) 350 kW DC Fast Charging 18 minutes (10% to 80%) Specs Interior and Features The cabin of the 2025 Kia EV6 also bears some improvements over the outgoing model. There is now: 2025 Kia EV6 Price The official launch will take place in Korea next month but the prices are out. The starting price for the Light variant is 55.4 million Korean won (approx. USD 40,500), while the range-topping GT-Line will retail for 63.15 million Korean won (approx. USD 46,100). The variant-wise pricing is as follows: Variant-Wise Price Korean Won USD (approx.) Light 55.4 million $40,500 Air 58.24 million $42,500 Earth 62.52 million $45,700 GT-Line 63.15 million $46,100 Variant-Wise Price You might also like: Kia EV3 Teased Ahead of May 23 World Premiere Learn Electric Cars Says The Kia EV6 is a prominent electric car which has already gained a lot of applause from critics and owners alike. The Hyundai Motor Group is taking giant strides toward accumulating mass customers from all across the globe. In fact, the EV6 and EV9 are doing a great job at the moment. The upcoming EV2, EV3, EV4 and EV5 in the next few months promise to attract mass market. Exciting times lie ahead for EV enthusiasts in general and Kia loyalists in particular.

Tesla and BYD Have 55% of Global EV Sales for Q1 2024

Tesla and BYD Have 34% Share of Global Q1 2024 EV Sales

2 Comments / EV News / By LEC Team

The situation is almost similar in terms of global plug-in (BEVs and PHEVs) car sales with these two accounting for over 31%. The global EV sales data for the first quarter of 2024 reveals some intriguing trends. The stats I am about to share with you have been sourced from EV Volumes. It is a reputed organization and is a part of J.D. Power. This portal has gathered data pertaining to the total global sales of pure electric cars, as well as plug-in cars which include BEVs and PHEVs. The two giants, in the form of Tesla and BYD, dominate the sales charts. Interestingly, 5 car marques comprise of over 55% of global EV sales out of the total 2.03 million. You might also like: U.S. Could Ban or Restrict Chinese Connected Vehicles Global Q1 2024 EV Sales The report mentions that the top five car conglomerates/OEMs for pure EV sales for Q1 2024 are – Tesla, BYD, Geely-Volvo, SAIC (incl. SAIC-GM-Wuling) and Volkswagen Group. Together, they own 55% of total EV sales while the rest of the carmakers own the other 45%. The details of each of these groups/OEMs as per car registration data are as follows: Carmaker Sales Market Share (Q1 2024) Market Share (Q1 2023) Tesla 386,825 19% 23.6% BYD 300,124 14.8% 14.7% Geely-Volvo 149,647 7.4% 5.7% SAIC (incl. SAIC-GM-Wuling) 149,290 7.3% 7.4% Volkswagen Group 136,949 6.7% 7.5% Global Sales Data for EVs in Q1 2024 Hawk-eyed among you would instantly notice that there is a significant decline in Tesla sales this year in comparison to the same time period last year. The number of EV sales for BYD and SAIC has remained roughly the same. Only Geely-Volvo has demonstrated healthy growth while the VW Group has also shown some depleting sales. Global Plug-in (BEVs + PHEVs) Car Sales in 2024 Interestingly, the list of top global plug-in car companies/conglomerates also consists of these 5 players only. However, the order is slightly different when we include plug-in hybrid cars. Still, the total number of plug-in cars sold globally in Q1 2024 is just over 3.21 million. Out of these, the top 5 hold over 51% market share. The breakdown of this data incorporates: Carmaker Sales Market Share (Q1 2024) Market Share (Q1 2023) BYD 624,398 19.4% 21.3% Tesla 386,825 12% 16.5% Geely-Volvo 251,106 7.8% 6.1% Volkswagen Group 205,652 6.4% 7.4% SAIC (incl. SAIC-GM-Wuling) 190,409 5.9% 5.5% Global Sales Data for Plug-in Cars in Q1 2024 This time around, BYD is at the top of the list because it sells tons of PHEVs in the domestic market. On the other hand, Tesla doesn’t sell a single PHEV which is why it slides down to the second spot. Still, it is quite impressive to post such numbers solely from pure EVs. Geely-Volvo maintains its third spot. Volkswagen Group overtakes SAIC this time around to clinch the 4th spot. You might also like: VW CEO Says PHEVs Are Necessary Transitional Technology Learn Electric Cars Says These stats unequivocally show that the initial surge of the electric mobility revolution which was resting on the shoulders of a select few car companies is slowly getting distributed evenly. Sure there is still a long way to go. But the market share of the top 5 players has reduced drastically in Q1 2024 in comparison to the same time period last year. That is also evident when we look at new players and more legacy carmakers emerging on the scene. Still, numerous established names in the automobile world are yet to enter the EV race completely including the likes of Toyota and Honda. Apart from that, many new emerging markets will also participate and contribute to global EV sales going forward. The EV industry is still in its infancy in many emerging global markets. Once they start chipping in with sales, the market share will be distributed much more evenly.

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