Robert Besser
17 May 2022, 10:38 GMT+10
LOS ANGELES, California: Kia has become the second largest manufacturer of electric vehicles sold in the United States, second only to Tesla.
The race for second place was largely being waged by Kia, Ford, and a small group of automakers seeking to become leaders in the U.S. electric vehicle market.
Kia's success is based upon Q1 2022 sales, and could change, depending on the remainder of the year's sales.
In fact, Kia's hold on the position will remain tenuous, since it is only some 1,000 units ahead of Ford in EV sales for the quarter.
As a comparison, Tesla is selling more than 13 times the number of EVs than second place Kia. In latest reports, Tesla dominates nearly 72 percent of the U.S. market and has become the number one selling luxury vehicle of all engine types in the U.S., not just electric.
Also this week, it was reported that the top five EV brands by U.S. sales are Tesla, Kia, Ford, Hyundai and Nissan.
Kia and Hyundai, which are largely a joint venture, make up almost 10 percent of all EV sales in the U.S. Ford remains just under 5 percent, Nissan is less than 3 percent.
Get a daily dose of Albuquerque Express news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Albuquerque Express.
More InformationMOSCOW, Russia: The UK newspaper, the Telegraph, has been blocked in Russia, following a request from the Russian prosecutor-general.The TASS ...
LAHORE, Pakistan - An Airbus 320 carrying 171 passengers narrowly avoided an accident at Allama Iqbal International Airport, Pakistan's second-largest ...
WASHINGTON, DC - U.S. President Joe Biden on Friday vowed to "do all in my power" to protect a woman's ...
YANGON, Myanmar - According to military-run media, a junta delegation discussed nuclear technology collaboration with a Russian state-owned atomic energy ...
DHAKA, Bangladesh - The United States Agency for International Development (USAID) is providing more than Tk2.3 crore in emergency funding ...
PHNOM PENH, Cambodia: Cambodian villagers on the Mekong River have caught a stingray fish weighing 661 pounds, which is the ...
NEW YORK, New York - Wall Street struggled to find its footing on Wednesday after Fed chief Jerome Powell vowed ...
WASHINGTON D.C.: Due to persistent shortages of agricultural chemicals that threaten yields, U.S. farmers have cut back on using common ...
WASHINGTON D.C.: Raytheon Technologies and Northrop Grumman have won U.S. contracts to develop missiles to intercept hypersonic weapons.The decision means ...
NEW YORK, New York - Stocks in Asia fell sharply on Wednesday following large falls on Wall Street blamed on ...
NEW DELHI, India: Reserve Bank of India (RBI) deputy governor Michael Patra says India's retail inflation is likely to breach ...
WASHINGTON D.C.: Despite weather and staffing issues resulting in travel disruptions, last week the U.S. Transportation Security Administration (TSA) screened ...