Kia’s compact EV5 electric SUV is making a statement in the world’s largest EV market. With sales surging nearly 50% last year, the EV5 helped Kia sell over 200,000 vehicles in China for the first time in four years. The impressive growth ranked first among joint venture brands in the count
Domestic EV makers like BYD are squeezing legacy automakers out of the market with ultra-low-cost EVs, like its Seagull, which starts at under $10,000 in China.
With rivals like Volkswagen and Toyota struggling to survive, Kia is taking on the competition head-on.