Kia to sell lower-priced electric vehicle in US


A KIA logo on an electric vehicle is seen on display at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2025. REUTERS/Carlos Osorio

NEW YORK, ⁠April 1 (Reuters) - Kia ⁠said Wednesday it will ‌begin selling a lower-priced electric vehicle in the United ​States later this ⁠year as ⁠automakers work to recharge EV ⁠sales.

The ‌Korean automaker said at ⁠the New York Auto Show ​it ‌will offer the EV3 ⁠in ​the U.S. market starting later this year. ⁠Automakers are facing a ​tougher EV market in the United States after ⁠Congress repealed the $7,500 EV tax credit last year but higher gasoline ​prices ⁠in recent weeks has ​prompted new interest ‌in the EVs.

(Reporting ​by Kalea Hall and David Shepardson)

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