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Kia Soul EV starts production in Korea

As sister company Hyundai delivers its first Tucson fuel cell vehicles in California, Kia has kicked off volume production of the Soul EV in Korea. We've driven the prototype and are excited about the arrival of this electric vehicle. Kia is already calling the production start a landmark event, but let's remember that other automakers have been building production EVs for years now. The EVs won't be exported outside of Korea until later in 2014, but the automaker is hoping to make 5,000 a year at its Gwangju facility. The first batch is headed to "select European countries" with more coming to Europe at a later date. The vehicle might be coming to the US in the third quarter. The Soul EV is Kia's second production EV, following the Ray EV. Kia only made 2,500 of them for governmental agency use in Korea. We've got a little video on the Soul EV here. As a reminder, the Soul has a 27-kWh lithium-ion polymer battery which is good for a now-official range (on the European test cycle) of 212 kilometers. That's 132 miles, but expect a good chunk to get knocked off when it gets rated on the US text cycle. For example, the Nissan Leaf is rated at 199 kilometers (123 miles) in Europe but only 84 miles from the EPA. Read Kia's press release below. Start of production for all-electric Kia Soul EV Volume production of Soul EV for export is a landmark in Kia's history Ideal for commuters, Soul EV goes on sale outside Korea later in 2014 Class-leading drive range of 212 km certified for Europe 81.4 kW motor produces 285 Nm of torque for 'fun-to-drive' motoring The first vehicles off the production line are destined for select European countries and are scheduled to go on sale across the continent during the second half of the year. The Soul EV is manufactured at Kia's Gwangju facility in Korea, where annual output of the electric car is planned to reach 5,000 units. "Now that production of export models has begun, the new Soul EV is truly at the forefront of Kia's 'Clean Mobility' program, providing environmentally-friendly transport to our customers around the world," comments Thomas Oh, Executive Vice President and COO, Kia Motors Corporation.

8 new cars that are selling below MSRP

Car shopping has been a frustrating activity for many people in recent years, as strained new car inventories have led to markups and elevated prices across the board. It’s been difficult to find vehicles at anywhere near a reasonable price, and some in-demand models are still listed at a premium today. iSeeCarsÂ’ most recent study looked at several aspects of the new and used vehicle markets and found a handful of models that are selling at a discount – a rarity in todayÂ’s world. Most of the vehicles selling below MSRP in October were electric, though the Nissan Armada and Infiniti QX80 made the top eight. To be clear, weÂ’re not talking about huge discounts here – the Kia EV6 was selling with the largest discount of 3.1%. The other models on the list include: Kia EV6: -3.1 percent off MSRP Ford F-150 hybrid: -2.8% Hyundai Ioniq 6: -2.7% Nissan Armada: -1.8% Hyundai Ioniq 5: -0.9% VW ID.4: -0.6% Kia Niro EV: -0.3% Infiniti QX80: -0.2% Electric and hybrid vehicles like the Kia and Ford have been selling at a premium for a long time, as they experienced stronger than expected demand and had challenging early production runs. That theyÂ’re now selling at a discount could indicate wavering buyer demand, but itÂ’s too early to start sounding any serious alarm bells. Though some models are getting cheaper, the industry average is still heading in the wrong direction. The average MSRP of new cars sold last month was $42,510, while the average sales price was $46,077. That 8.4% overage is surprising to see so many months after the worst of the pandemic has passed. iSeeCarsÂ’ executive analyst Karl Brauer had a few words of encouragement, however, saying, “There are still very few ‘dealsÂ’ in the new car market. Shoppers looking to pay below MSRP for a new car will have to do their research, but a small number of models can be bought below sticker price.” Green Ford Hyundai Infiniti Kia Nissan Volkswagen Car Buying cheap cars

2021 Kia Stinger engine details revealed, and it's getting more power

Powertrain details on the updated Kia Stinger are out, and the theme is more power. We got to see the revised looks a couple of weeks ago, but the information out of Korea today completes the picture of what the Stinger will soon look like. Kia is adding a new 2.5-liter turbocharged four-cylinder to the lineup that makes more power than the old 2.0-liter turbo. The 2.5-liter engine is also exclusive to the North American market. Kia didn’t explicitly say it was dropping the smaller four-cylinder here, but itÂ’s no stretch to assume the less powerful engine will disappear once the new cars begin to ship. This 2.5-liter makes 300 horsepower and 311 pound-feet of torque, which is a big step up from the 255 horses and 260 pound-feet of torque produced by the 2.0-liter. The new engine produces peak torque between 1,650 and 4,000 rpm. Kia doesnÂ’t brag about better acceleration numbers, but itÂ’s surely quicker than before. Next up is the V6 in the Stinger GT. Kia stays the course with the 3.3-liter twin-turbo V6 in this case, but itÂ’s added a new electronic exhaust valve system that unlocks more noise and three extra horsepower. This leaves the final figures at 368 horsepower and 367 (unchanged) pound-feet of torque. Kia says thereÂ’s a small butterfly valve in the exhaust that opens in Sport driving modes, but remains closed in Comfort and Eco. A better exhaust note is one thing we badly wanted out of our long-term Kia Stinger GT. Finally, Kia has an answer — we canÂ’t wait to hear it. ThereÂ’s no change in transmission for the Stinger. All models will continue to come standard with an eight-speed automatic. Both rear-wheel drive and all-wheel drive will be available for both the four-cylinder and GT models, too. In addition to the powertrain news, Kia has detailed new driver assistance systems available on the updated Stinger. Kia added its Highway Driving Assist tech, which weÂ’ve found to be extremely capable of tracing lines around corners on the highway in other Kias. The Blind-Spot Monitor that debuted in the Telluride is also onboard this year — it displays a video feed of your blind spot in the digital instrument cluster when you put your turn signal on. Other new systems include Lane Following Assist, Rear Occupant Alert and Safe Exit Warning. Several other systems are updated with enhanced functionality, too. WeÂ’re unsure of when this Stinger will make it to our shores, but sales are scheduled to commence in Korea sometime in the third quarter.