EU is Liking Kia EV Van

Investment Analysis Clubs Macro Economic Trends and Risks
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the UK.

According to the most recent figures from the European Automobile Manufacturers’ Association (ACEA), the PV5 accounted for 37% of all electric vans in the small (C-segment) market in Europe, ranking as the best-seller in 12 countries, including the UK and Germany.

The PV5 is available in Passenger, Cargo, and Chassis variants for businesses and personal use.

https://insideevs.com/news/774924/kia-pv5-electric-van-review/

The passenger van’s smallest battery allows for 183 miles (294 km) of WLTP range, while the big battery enables 256 miles (411 km) of range. It’s exclusively front-wheel-drive, with 122 horsepower when paired with the small NMC battery or 163 hp with the bigger battery.

Meanwhile, Kia says that going from 10 to 80% will take roughly 30 minutes from a powerful enough DC fast charger.

In the United Kingdom, the base passenger version with the smaller battery starts from the equivalent of $44,375 (£32,995), including VAT. Meanwhile, the big battery version starts from $48,400 (£36,000). That’s a lot of car for the money, considering an entry-level Volkswagen ID. Buzz, which admittedly has a larger 79 kWh battery, starts from $80,650 (£60,005) in the UK.

The presence of the marker lights on this test vehicle makes us think Kia could potentially be evaluating the possibility of bringing the PV5 to the U.S. market.

Any estimates on sales in the USA for a $45k van?

4 Likes
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That would be a slice within a niche market. There were some 400K minivans sold in the US last year. 6% (the US EV percentage) would be 24K, minus whatever the competition sells.

DB2

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That sounds like a small number, yet Chrysler, Kia, Toyota, Honda, and Volkswagen have models available. (I think VW may have pulled theirs, not sure.) Four majors competing for that “slice” seems pretty healthy.

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So then the slice gets cut into four pieces. There is a market, but it is a niche.

DB2