Kia launched its new EV5 electric SUV in China Friday. With a starting price of around $20K (149,800 yuan), the EV5 is expected to take on market leaders, including Tesla’s Model Y.
The Kia EV5 was first announced in concept form last month. Today, Kia is releasing more details on the production version at its EV Day event in Korea. Nearly everything on paper about the car sounds great: a boxy, mid-sized electric SUV designed to comfortably seat five with 330 miles of range and attractive pricing. The EV5 will start around $35,000 for the basic FWD model and go up to $50,000 in the top-tier long range AWD trim. That pricing appears to be a global estimate from Kia’s CEO, according to InsideEVs, who attended the launch — so don’t take this as an indicator of US pricing. Unfortunately, Kia is signaling that the Inflation Reduction Act means the car may never come to the US at all (more on that later).
Take a look at Kia’s newest electric SUV, the EV5, as the automaker takes you through a detailed tour of the interior and exterior in its latest video.
After the new EV5’s debut last week, we are finally learning the starting price of the compact electric SUV. And as a pleasant surprise – the Kia EV5 is much cheaper than initial expectations.
Kia officially unveiled its new compact electric SUV, the EV5, at the Chengdu Motor Show on Friday. The new EV5 is a family-friendly electric SUV influenced by the flagship EV9. Check out the official images below.
Kia is set to unveil its newest electric vehicle next month in China at the annual Chengdu Motor Show. The Kia EV5 will be a compact electric SUV aimed squarely at the Tesla Model Y with an expected starting price of around 50 million won (roughly $40,000).
Kia plans to expand its lineup of all-electric vehicles over the next few years as it pushes toward becoming a sustainable mobility leader. Despite releasing its first three-row electric SUV, Kia plans to downsize with smaller models, including an entry-level EV and an electric crossover.
South Korean EV automaker Kia Motor announced its initial entry into the market of China, beginning with its super popular EV6 crossover. The automaker debuted several concepts overseas today, including the EV5, which will be its first global model built in China.