Blog
Kia Global EV Retail Sales Surged In April 2024
May
Kia stories that its international car gross sales in April amounted to 261,022, 0.6% greater than a 12 months in the past. The entire gross sales throughout the first 4 months of 2024 exceeded 1 million (down 0.6% year-over-year).
Regardless of comparatively flat total gross sales, Kia’s all-electric automotive gross sales continued to extend in a short time. The South Korean producer stated it expects to keep up EV gross sales momentum with the launch of the brand new all-electric EV3 and up to date EV6 mannequin within the second half of 2024.
Kia EV lineup is increasing
At the moment, Kia provides three E-GMP-based fashions (EV5, EV6 and EV9), whereas two extra (EV3 and EV4) are simply across the nook. On high of that, the corporate additionally sells Niro EV, Soul EV, Bingo EV and Ray EV (the 2 final ones in South Korea solely).
In response to Kia, its retail all-electric automotive gross sales amounted to 17,140 items in April. That is up 90% from a 12 months in the past (estimated, as not all knowledge for 2023 can be found). The share of EVs within the model’s complete quantity virtually reached 7%.
The retail gross sales embrace a number of fashions (EV3, EV5, EV6, EV9, Niro EV, Niro Plus EV, Soul EV, and the Korea-only Ray EV and Bingo EV).
On the similar time, wholesale shipments (carefully associated to manufacturing) of Kia’s E-GMP-based fashions amounted to eight,904, down 6% year-over-year. This consists of EV3, EV6 and EV9 manufacturing in South Korea and EV5 in China.
Kia stories wholesale gross sales (on the producer stage or plant gross sales)—except in any other case specified, the numbers are unaudited and on a preliminary foundation.
The corporate’s best-selling EV mannequin is the Kia EV6, with 5,728 wholesale items (down 39% year-over-year). We assume the EV6’s outcomes will enhance as soon as the up to date model hits the marker.
Kia wholesale BEV gross sales final month (YOY change):
- EV3: 3 (new)
- EV5: 1,182 (new)
- EV6: 5,728 (down 39%)
- EV9: 1,991 (new)
- E-GMP BEVs: 8,904 (down 6%)
Thus far this 12 months, Kia’s retail EV gross sales exceeded 61,000. The expansion fee is as much as over 70% (estimated). In the meantime, the wholesale shipments of E-GMP-based fashions exceeded 44,000.
Kia wholesale BEV gross sales year-to-date (YOY change):
- EV3: 3 (new)
- EV5: 2433 (new)
- EV6: 29035 (down 20%)
- EV9: 13,141 (new)
- E-GMP BEVs: 44.614 (up 23%)
For reference, in 2023, Kia wholesale shipments of E-GMP-based electric cars amounted to 132,711 (up 59% year-over-year).
Source link
