KIA Continues Growth Momentum with Record High July Sales of Electrified Lineup

Source: www.gulfoilandgas.com 7/31/2024, Location: North America

Kia's total year-to-date EV volume nearly doubled versus last year driven by best-ever July performance
Sportage and Seltos SUVs set new July records

Kia America’s positive electrification trajectory continued with record-setting July sales performances. Notably, year-to-date volume of EV models experienced a remarkable increase of 99-percent year-over-year through July, reinforcing Kia’s leadership position in the global electric vehicle market.

July sales totaled 63,580, with SUVs accounting for 76- and electrified models accounting for 18-percent, respectively, of the total. The ICE Seltos SUV (+5-percent) and the Sportage SUV (+4-percent) – available with ICE, hybrid and plug-in hybrid powertrains – each set July sales records, helping to further accelerate Kia’s sales growth.

“Kia anticipated the shifting market trends and we proactively responded by improving our range of sustainable electrified models including hybrid, plug-in hybrid and all-electric models,” said Eric Watson, vice president, sales operations, Kia America. “We’ve also seen more and more consumers gravitate to the Kia brand for our award-winning SUVs including the record-breaking Seltos and Sportage models. As we expand our electrified offerings with the first-ever hybrid Carnival MPV over the next few months, we are confident that consumer interest in the Kia brand will continue to strengthen.”

In addition to the monthly sales performance, Kia America announced several initiatives, including:
Kia America was named among TIME magazine’s “World's Most Sustainable Companies of 2024.” Companies were measured on external sustainability ratings. Key criteria included adherence to the UN Global Compact, alignment with the Science Based Targets initiative, inclusion in the S&P Global Sustainability Yearbook, participation in the UNFCCC Race to Zero, and MSCI ESG & SRI evaluations.
Kia America donated $250,000 to the American Red Cross to support emergency disaster relief and recovery efforts in response to the devastating impact of Hurricane Beryl in the U.S.
Model year 2025 pricing for three of Kia’s most popular models including the Sportage and Sorento SUVs, and the Soul urban runabout were announced.


South Korea >>  12/11/2024 - SK chemicals (CEO & President Ahn Jae-hyun) announced that it applied six automotive components made from circular recycling and bio-based materials t...
United States >>  12/11/2024 - Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it will be purchasing over 13...

United States >>  12/11/2024 - Clean Energy (NASDAQ: CLNE), the country’s largest provider of the cleanest fuel for the transportation market, has been awarded the contract to desig...
United States >>  12/11/2024 - Best Contracting Services, the southern California leader in commercial roofing services, has officially broken ground on a 264kW microgrid at its cor...

Australia >>  12/10/2024 - Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and e...
Germany >>  12/10/2024 - Since last week, truck access at Hamburger Hafen und Logistik AG’s (HHLA) Container Terminal Altenwerder (CTA) in Hamburg is now fully digitalised and...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.