Is Kia Quietly Becoming the Next Tesla With These EVS?

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Kia has been stepping on the sales accelerator; even as Tesla continues grabbing most of the headlines. The company’s sales boomed in the spring and summer of 2022, both in the U.S and Europe.

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Kia’s rise to the top three EV sellers in the USA is even more impressive in light of its late start. It launched its first all-electric vehicle, an EV version of the Kia Soul subcompact crossover, in spring 2014.

Kia: Rapidly Overtaking Tesla

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Kia’s May 2022 EV sales rose 132% year over year, far outpacing its ICE vehicle sales. Monthly EV sales growth accelerated even more by August, soaring 151% year-over-year.

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Kia in 2022: Booming Sales

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Kia’s vehicles currently don’t meet any of the new tax credit’s benchmarks. A Korean automaker association petitioned Congress for a South Korean exemption to the rule, The Korea Herald reports.

Kia’s Inflation Reduction Act Challenge

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For the moment, it looks like Tesla may keep the EV crown in the USA despite Kia’s momentum. However, with its proven popularity, Kia could still emerge as the next Tesla; if it maneuvers out of its tax credit handicap, that is.

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Is Kia Quietly Becoming the Next Tesla: Verdict

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Kia intends to eventually switch over to manufacturing nothing but EVs. However, the timeline has not been defined.

Does Kia plan to go fully electric?

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