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From October, Hyundai will introduce significant price cuts for the Ioniq 5, Ioniq 6, and Kona EV, with Kia doing the same for the EV6, Niro EV, and Niro Plus.
Hyundai Motor Co (OTC: HYMTF) and Kia Corp reportedly plan to decrease the prices of several electric vehicles (EVs).
In August, the Kia EV6 and EV9 wholesale sales (closely related to production) amounted to 9,578 (up by roughly 100% year-over-year), including 6,916 EV6 and 2,662 EV9.
In July, the Kia EV6 and EV9 wholesale sales (closely related to production) amounted to 10,326, including 9,045 EV6 and 1,281 EV9.
Kia is set to branch out into medium and large-sized electric vans and people-mover/minivans in Australia from the middle of this decade, following the successful trial of the Niro PBV Purpose Built Vehicle.