Kia Reveals EV5 and Two Concept Models at Kia EV Day

by BTM

Tue, 31 October 2023

Kia Corporation has unveiled three new small- to medium-sized electric models at the brand’s annual Kia EV Day in Korea, reaffirming its ambitious global strategy to lead and accelerate the ‘EV revolution’. KIA illustrated how it is now broadening its model line-up further with three new small- to medium-sized electric models. 

The presentation featured the debut of the EV5, a compact electric SUV for millennial families, as well as the introduction of two concept models. The Kia Concept EV3 aims to deliver the Kia EV9’s benefits in a compact SUV, while the Kia Concept EV4 reimagines electric sedans with a striking design. 

Kia also announced its plan to develop a wide-ranging EV line-up priced from USD30,000 to USD80,000, featuring existing models such as the EV6 and EV9, as well as future offerings tailored for the popular B- and C-segments. The brand aims to introduce smaller EVs like the EV5, EV4, and EV3, with prices ranging from USD35,000 to USD50,000, to accelerate the widespread adoption of EVs.

The brand revealed its goal to achieve an annual sales target of one million electric vehicles by 2026 and increase it to 1.6 million units per year by 2030.